Business at the world's largest chemical company, BASF, continues to run smoothly thanks to good demand and higher prices.
The company is becoming more optimistic for the year as a whole.
For 2021, BASF now expects sales between 76 and 78 billion euros, as the Dax group announced in Ludwigshafen on Wednesday.
Previously, BASF had assumed revenues of 74 to 77 billion euros.
Ludwigshafen - The company is also becoming more confident on the results side.
The operating profit before taxes, interest (EBIT) and special items should now reach 7.5 to 8.0 billion euros.
Previously, the target here was 7 to 7.5 billion euros.
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In the third quarter, sales increased by 42 percent to 19.7 billion euros compared to the previous year's period, which was weak due to the corona.
The operating result (EBIT) before special items rose to just under 1.9 billion euros after 581 million euros in the previous year.
In day-to-day business, for example, with basic chemicals and the plastics industry (materials), things went much better.
The bottom line was that BASF posted a profit of 1.25 billion euros.
In the previous year there was a loss of a good 2.1 billion euros due to depreciation.
dpa
