BASF raises 2026 earnings outlook
BASF raises 2026 earnings outlook July 15 (Reuters) - German chemical giant BASF BASFn.DE raised its 2026 earnings outlook on Wednesday after reporting preliminary second-quarter EBITDA before special items of 2.4 billion euros ($2.8 billion), well above analyst expectations of 2.1 billion euros.
The Ludwigshafen-based company changed its EBIDTA forecast range to €6.9-7.7 billion from 6.2-7.0 billion.
BASF also posted preliminary second quarter results and reported earnings before interest, depreciation, taxes and amortization of €2.4 billion, ahead of analyst estimates.
($1 = 0.8757 euros)
(Reporting by Simon Ferdinand Eibach; editing by Matthias Williams)
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