Diluted earnings per share for the year amounted to €6.01 compared to a loss of €1.15 in 2020. Revenue increased by 32.9% to €78.598 billion.
At the same time, at the end of the fourth quarter, net income of BASF amounted to €898 million, a decrease of 14.9 percent compared to the same period of the previous year. Earnings per share were €0.98 compared to €1.15 a year earlier. The company's revenues rose 24.3 percent to €19.776 billion compared to the same period in 2020.
BASF forecasts that global economic growth will slow slightly in 2022 after a strong recovery in 2021. The company expects industrial production to grow by 3.8% this year and chemical production by 3.5%. In this regard, the company forecasts revenues of up to €77 billion this year.
source: dw.de
At the same time, at the end of the fourth quarter, net income of BASF amounted to €898 million, a decrease of 14.9 percent compared to the same period of the previous year. Earnings per share were €0.98 compared to €1.15 a year earlier. The company's revenues rose 24.3 percent to €19.776 billion compared to the same period in 2020.
BASF forecasts that global economic growth will slow slightly in 2022 after a strong recovery in 2021. The company expects industrial production to grow by 3.8% this year and chemical production by 3.5%. In this regard, the company forecasts revenues of up to €77 billion this year.
source: dw.de
