date:Apr 15, 2022
by higher prices; currency effects relating to the dollar. The BASF Groups operating business performed better than in the first quarter of 2021. In the first quarter of 2022, Earnings Before Interests and Taxes (EBIT) before special items amounted to an expected 3 billion (US$3.27 billion), an increase of 21% compared with the prior-year quarter. The net income expected to be 1,2 billion (US$1.3 billion) was considerably below the prior-year quarter 2 billion (US$2.2 billion).