Basf's Second Quarter Looks Solid

Dow Jones06-25

1011 GMT - BASF's strong order intake, healthy volume growth and stable supply chains support expectations for a solid second quarter, Jefferies analysts say in a note. There don't appear to be signs of a sharp downturn in demand for the German conglomerate, the analysts say. BASF is also as well positioned in China despite industry overcapacity, with the Zhanjiang Verbund chemical production site ramping up efficiently, benefiting from scale, operational flexibility and a lower carbon footprint than many local competitors, they add. The planned IPO of its agricultural chemicals business remains a potential value-unlocking opportunity, they say. Shares trade 1.5% lower at 48.18 euros. (nina.kienle@wsj.com)

 

(END) Dow Jones Newswires

June 25, 2026 06:11 ET (10:11 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment