BASF: Results in 2007
BASF AG, Ludwigshafen, Germany, has again exceeded the results posted in the same periods of the previous year. Cumulative sales in the first half of 2007 amounted to EUR 29,3 billion, or 18% more than in the same period of 2006. In the second quarter, BASF increased sales by 19%. In the first half of this year, EBIT before special items rose by approximately 10% to EUR 4,1 billion.
In the Plastics segment, sales increased by 10% in the second quarter thanks to higher volumes and sales prices. Earnings rose by 15% due to significantly higher earnings in the Styrenics division.
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