BASF confirms the sales and earnings forecast for the BASF Group made in the BASF Report 2018 and expects slight sales growth as well as a slight increase in EBIT
before special items, which is likely to be at the lower end of the range of 1% to 10%.
* Lower EBIT
due to higher cost, adverse exchange and lower volume
On the back of this and strong market demand, Adjusted EBIT
increased by some EUR 200 million.
divided by NA results in a generalized, before-tax rate-of-return metric we refer to as RONA.
At 347 million [euro], EBIT
before special items was 155 million [euro] below the same period of the previous year.
plummeted to NOK 231 million from 894 million, but cash flow was strong at NOK 918 million.
margin is expected to grow by between 1 percentage point and 1.5 percentage points a year in the medium term, CEO Guy Dubois said at an investor day in London.
For comparison, analysts polled by Swiss news agency AWP projected to company to book a net loss of EUR800,000, EBIT
of EUR11.2m and revenue of EUR125.6m.
For 2012 the company projects output volume of EUR 14.3 billion and EBIT
of EUR 330 million, up from originally expected output volume of EUR 13.7 billion and EBIT
of EUR 300 million.
GM North America had EBIT
in the third quarter 2010 of $2.1 billion, up from $1.6 billion in the second quarter.
With sales volume of EUR 50.8 million (previous year EUR 28.2 million) and EBIT
of EUR 10.1 million, including special effects, the provisional results of Schweizer Electronic AG for the first half of 2010 have exceeded expectations.
The company's earnings before interest and tax (EBIT
) came in at EUR9.6m, registering a 66.6% year-on-year decline.