BASF net income tumbles in Q1 on lower prices
by ChemOrbis Editorial Team - content@chemorbis.com
German chemicals major BASF reported a sharp decline in first-quarter net income on Friday, as weaker sales volumes and sustained pricing pressure weighed on results. Net income attributable to shareholders fell to €808 million ($913 million), down from €1.36 billion in the same period last year.
EBITDA before special items also fell, decreasing by €87 million to €2.6 billion, although it remained in line with analyst expectations. Sales for the quarter came in at €17.4 billion, €151 million below the prior-year figure, as weak volumes in Agricultural Solutions, Chemicals, and Nutrition & Care segments combined with lower prices amid competitive pressure.
Despite heightened uncertainty stemming from new US tariffs and countermeasures, BASF left its full-year 2025 outlook unchanged. The company continues to target EBITDA before special items of €8.0–8.4 billion and free cash flow of €0.4–0.8 billion.
EBITDA before special items also fell, decreasing by €87 million to €2.6 billion, although it remained in line with analyst expectations. Sales for the quarter came in at €17.4 billion, €151 million below the prior-year figure, as weak volumes in Agricultural Solutions, Chemicals, and Nutrition & Care segments combined with lower prices amid competitive pressure.
Despite heightened uncertainty stemming from new US tariffs and countermeasures, BASF left its full-year 2025 outlook unchanged. The company continues to target EBITDA before special items of €8.0–8.4 billion and free cash flow of €0.4–0.8 billion.
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