BASF Group Q3 2021

 

 

Q3

January–September

 

 

2021

2020

+/–

2021

2020

+/–

Sales

Million €

19,669

13,811

42%

58,822

43,244

36%

Income from operations before depreciation, amortization and special items

Million €

2,771

1,542

80%

9,169

5,350

71%

Income from operations before depreciation and amortization (EBITDA)

Million €

2,729

1,044

161%

9,104

4,542

100%

EBITDA margin

%

13.9

7.6

15.5

10.5

Depreciation and amortizationa

Million €

907

3,682

–75%

2,655

5,665

–53%

Income from operations (EBIT)

Million €

1,822

–2,638

.

6,449

–1,123

.

Special items

Million €

–43

–3,219

99%

–92

–3,570

97%

EBIT before special items

Million €

1,865

581

221%

6,541

2,447

167%

Income before income taxes

Million €

1,777

–2,786

.

6,213

–2,509

.

Income after taxes from continuing operations

Million €

1,424

–2,177

.

5,028

–2,184

.

Income after taxes from discontinued operations

Million €

–43

13

.

–43

49

.

Net income

Million €

1,253

–2,122

.

4,625

–2,115

.

Earnings per share

1.36

–2.31

.

5.03

–2.30

.

Adjusted earnings per share

1.56

0.60

160%

5.59

2.11

165%

 

 

 

 

 

 

 

 

Research and development expenses

Million €

523

518

1%

1,579

1,492

6%

Personnel expenses

Million €

2,654

2,590

2%

8,525

8,095

5%

Employees (September 30)

 

110,672

117,922

–6%

110,672

117,922

–6%

 

 

 

 

 

 

 

 

Assets (September 30)

Million €

86,102

86,973

–1%

86,102

86,973

–1%

Investments including acquisitionsb

Million €

1,792

811

121%

3,168

3,601

–12%

 

 

 

 

 

 

 

 

Equity ratio (September 30)

%

47.2

39.8

47.2

39.8

Net debt (September 30)

Million €

16,680

15,702

6%

16,680

15,702

6%

Cash flows from operating activities

Million €

1,896

2,100

–10%

3,908

3,312

18%

Free cash flow

Million €

1,077

1,364

–21%

1,866

1,281

46%

a

Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments)

b

Additions to property, plant and equipment and intangible assets