BASF confirms full-year targets after growth in Q3


  • World
  • Thursday, 29 Oct 2020

BERLIN, Oct. 28 (Xinhua) -- German multinational chemicals giant BASF confirmed its financial targets for the full fiscal year 2020 on Wednesday as the company's earnings before interest and taxes (EBIT) before special items reached 581 million euros (681.4 million U.S. dollars) in the third quarter (Q3).

"This significant increase was mainly driven by good business development in September," said Martin Brudermueller, chairman of BASF's Board of Executive Directors.

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