TREE NEWS reports: BASF reported third-quarter adjusted EBITDA of €1.64 billion, up 15% year on year and above the €1.49 billion consensus estimate. Sales rose 14% to €16.36 billion, beating the €15.69 billion forecast. The German chemicals group now expects full-year adjusted EBITDA of €7.4 billion to €7.8 billion, raising its prior range of €6.9 billion to €7.7 billion; the market had expected €7.55 billion.
BASF Q3 adjusted EBITDA rises 15% to €1.64B, beating €1.49B estimate
AI take
The beat is broad-based — both earnings and sales cleared consensus — and the raised guidance floor is the more telling signal, since the prior range's top end was trimmed even as the bottom moved up. That narrower, higher band suggests management sees firmer demand rather than a one-off quarter. For RWA and tokenized-commodity watchers, BASF is a bellwether for European industrial chemical demand, so the durability of this recovery into the fourth quarter is the open question.
Generated by AI for reference only.
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