BASF Group Q3 2019

 

 

 

Q3

January–September

 

 

 

2019

2018

+/–

2019

2018

+/–

a

Amortization of intangible assets and depreciation of property, plant and equipment (including impairments and reversals of impairments)

b

Additions to intangible assets and property, plant and equipment

Sales

 

million €

15,231

15,606

(2%)

46,566

47,089

(1%)

Income from operations before depreciation, amortization and special items

 

million €

2,084

2,263

(8%)

6,722

7,985

(16%)

Income from operations before depreciation and amortization (EBITDA)

 

million €

2,339

2,190

7%

6,754

7,830

(14%)

Depreciation and amortizationa

 

million €

963

795

21%

3,072

2,266

36%

Income from operations (EBIT)

 

million €

1,376

1,395

(1%)

3,682

5,564

(34%)

Special items

 

million €

257

(75)

.

(214)

(159)

(35%)

EBIT before special items

 

million €

1,119

1,470

(24%)

3,896

5,723

(32%)

Financial result

 

million €

(170)

(138)

(23%)

(570)

(511)

(12%)

Income before income taxes

 

million €

1,206

1,257

(4%)

3,112

5,053

(38%)

Income after taxes from continuing operations

 

million €

935

1,032

(9%)

2,383

3,974

(40%)

Income after taxes from discontinued operations

 

million €

235

6,427

574

.

Net income

 

million €

911

1,200

(24%)

8,777

4,359

101%

Earnings per share

 

1.00

1.31

(24%)

9.56

4.75

101%

Adjusted earnings per share

 

0.86

1.51

(43%)

3.33

5.21

(36%)

 

 

 

 

 

 

 

 

 

Research and development expenses

 

million €

540

509

6%

1,577

1,377

15%

Personnel expenses

 

million €

2,584

2,633

(2%)

8,352

7,940

5%

Number of employees (September 30)

 

 

118,648

122,230

(3%)

118,648

122,230

(3%)

 

 

 

 

 

 

 

 

 

Assets (September 30)

 

million €

89,591

85,579

5%

89,591

85,579

5%

Investments including acquisitionsb

 

million €

1,018

8,053

(87%)

2,793

9,548

(71%)

 

 

 

 

 

 

 

 

 

Equity ratio (September 30)

 

%

46.2

42.8

.

46.2

42.8

.

Net debt (September 30)

 

million €

17,804

18,026

(1%)

17,804

18,026

(1%)

Cash flows from operating activities

 

million €

1,998

2,930

(32%)

4,317

6,385

(32%)

Free cash flow

 

million €

1,072

1,951

(45%)

1,669

3,957

(58%)