Tension and caution affect BASF 2018 results
27/02/2019
Chemicals group BASF has announced full-year revenues for 2018 of €62.7 billion, which is 2% more than the figure for 2017. However, the company’s earnings before tax fell by 17% in 2018, reaching €6.4 billion. It said this decline in profits was mainly attributable to the chemicals segment, which accounted for around two-thirds of the total...