BASF seen falling after outlook cut

Brenntag SE

14/07/2025 06:57

** Shares in BASF BASFn.DE are seen down 2.6% in premarket indications after German chemicals giant cut its 2025 profit outlook on Friday, citing weaker global economic growth and U.S. tariffs' impact on demand

** "Warning was expected. Now came in slightly weaker than feared," a local trader says

** BASF, Covestro 1COVG.DE and Brenntag BNRGn.DE are the latest examples of German chemical makers trimming their full-year outlooks due to the weak economic environment

** Brenntag's guidance cut on Friday after market close was "also not unexpected but weaker than feared", the trader adds

 (Reporting by Amir Orusov)

 ((Amir.orusov@thomsonreuters.com))