BASF falls in early Frankfurt trade on disappointing 2026 outlook

BASF SE

27/02/2026 07:35

** BASF BASFn.DE is seen down 3.2% in early Frankfurt trade, as a local trader points to a weaker-than-expected 2026 outlook

** "BASF likes to guide conservatively but FY26 outlook may not be in investor favour", the trader adds, in reference to its core profit and free cash flow guidance

** The German chemicals company expects for 2026 an adjusted EBITDA in the range of 6.2-7 billion euros ($7.32-$8.26 billion) versus an average estimate around 7 billion euros in a company-provided consensus

** It also sees a 2026 FCF between 1.5 billion and 2.3 billion euros, lower than an average consensus of 2.4 billion euros

($1 = 0.8474 euros)

 (Reporting by Emanuele Berro)

 ((emanuele.berro@thomsonreuters.com))