BASF operating profit slips on forex effects, pressure from rivals

BASF SE

30/04/2026 06:00

FRANKFURT, April 30 (Reuters) - BASF BASFn.DE said on Thursday that its adjusted operating earnings slipped 5.6% in the first quarter, citing negative currency effects and competitive pressures.

   Quarterly earnings before interest, tax, depreciation and amortisation (EBITDA), adjusted for special items, declined to 2.36 billion euros  ($2.75 billion), but surpassed an average analyst forecast of 2.19 billion.

BASF reaffirmed that adjusted EBITDA, would likely reach 6.2 billion to 7.0 billion euros this year, compared with 6.6 billion in 2025.

($1 = 0.8578 euros)

 (Reporting by Ludwig Burger and Patricia Weiss, Editing by Friederike Heine)

 ((ludwig.burger@thomsonreuters.com; ))