News

BASF increases sales and nearly triples profits in Q3

15/11/2004

BASF has reported very positive results for the third quarter of 2004, announcing a sales increase of 20% and net profit of €337 million ($418.5 million) from €120 million in last year's weak third quarter.

 

Capacity utilisation of BASF’s plants improved due to strong demand. The high oil price, which has increased even further, allowed the company to pass on some necessary price increases to the market.

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