BASF Q2 in line with expectations
24/07/2015
In the Performance Products segment, which includes leather chemicals, sales rose slightly on account of positive currency effects that offset declining prices and a slight decrease in overall sales volumes.
Total group sales grew by 3% to €19.1 billion compared with the same quarter of the previous year. Volumes grew by 2% compared with the second quarter of 2014.
Chairman Dr Kurt Bock said: “We improved our sales and earnings despite lower growth in some markets and continuing volatile raw material prices. In the first half of 2015, our earnings matched the level of the first half of the previous year - in line with our full-year outlook.”
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