Basf SE ADR
BASFY: OTCM (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &W | LOCK|#^K | LOCK|wP!DqT |
BASF Earnings: Progress on Self-Help Initiatives Drives Impressive Results
BASF benefited strongly in the second quarter from tighter supply in petrochemicals and higher pricing tied to the ongoing conflict in Iran. Guidance for full-year EBITDA before special items was raised by EUR 700 million to a midpoint of EUR 7.3 billion.
