BASF lowers its full-year performance guidance for 2025.

On July 11th, local time, BASF released its preliminary financial data for the second quarter of 2025. Sales decreased by 2.1% year-on-year to 15.77 billion euros; EBITDA excluding special items was 1.77 billion euros, compared to 1.96 billion euros in the same period last year; net profit was 0.8 billion euros, down from 4.3 billion euros in the same period last year, mainly due to a significant increase in income tax expenses and a decrease in equity investment income. BASF expects weaker profitability in 2025 than previously expected and has adjusted its full-year guidance: EBITDA excluding special items for the full year of 2025 is expected to be between 7.3 billion euros and 7.7 billion euros.