UPDATE 4-BASF sees profit growth this year; shares rise

Newswire

* Says sees EBIT improving significantly this year * Q4 EBIT 1.48 billion euros, vs avg forecast 1.27 bln * Proposes 1.70 eur/shr dividend, vs avg forecast 1.66 eur * First divided cut in 16 years was expected * Shares gain 4.5 percent, outperforming chemicals benchmark (Adds more CEO comments, background on Ciba, analyst quote) LUDWIGSHAFEN, Germany, Feb 25 (Reuters) - Germany's BASF predicted marked operating profit gains this year with a shaky recovery seen lifting chemicals ...

Premium Content (PAID Subscription Required)

"UPDATE 4-BASF sees profit growth this year; shares rise" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×