Basf SE
BAS: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^LL | LOCK|Jn | LOCK|r^Z&BK@ |
BASF Earnings: Core Business Faces Intense Competition While Stand-Alones Uplift Earnings
BASF's second-quarter earnings showed a 9% year-on-year decline in EBITDA before special items. The core businesses accounted for the decline, while performance in surface technologies and agriculture solutions rose. Notably, BASF contracted with Equinor to backfill its energy needs.
