BASF Group H1 2022

 

 

Q2

H1

 

 

2022

2021

+/–

2022

2021

+/–

Sales

million €

22,974

19,753

16.3%

46,058

39,153

17.6%

Income from operations before depreciation, amortization and special items

million €

3,293

3,217

2.4%

7,036

6,398

10.0%

Income from operations before depreciation and amortization (EBITDA)

million €

3,396

3,199

6.2%

7,105

6,375

11.4%

EBITDA margin

%

14.8

16.2

15.4

16.3

Depreciation and amortizationa

million €

1,046

883

18.4%

1,970

1,748

12.7%

Income from operations (EBIT)

million €

2,350

2,316

1.5%

5,135

4,627

11.0%

Special items

million €

11

–39

.

–22

–49

54.2%

EBIT before special items

million €

2,339

2,355

–0.7%

5,157

4,676

10.3%

Income before income taxes

million €

2,658

2,189

21.4%

4,536

4,436

2.3%

Income after taxes

million €

2,179

1,794

21.5%

3,500

3,604

–2.9%

Net income

million €

2,090

1,654

26.3%

3,311

3,372

–1.8%

Earnings per shareb

2.31

1.80

28.3%

3.65

3.67

–0.5%

Adjusted earnings per shareb

2.37

2.03

16.7%

5.07

4.03

25.8%

 

 

 

 

 

 

 

 

Research and development expenses

million €

567

545

3.9%

1,136

1,056

7.6%

Personnel expenses

million €

2,964

2,924

1.4%

6,031

5,871

2.7%

Employees (June 30)

 

110,725

107,646

2.9%

110,725

107,646

2.9%

 

 

 

 

 

 

 

 

Assets (June 30)

million €

96,972

82,938

16.9%

96,972

82,938

16.9%

Investments including acquisitionsc

million €

970

831

16.7%

1,711

1,376

24.3%

 

 

 

 

 

 

 

 

Equity ratio (June 30)

%

47.8

45.9

47.8

45.9

Net debt (June 30)

million €

19,546

16,241

20.4%

19,546

16,241

20.4%

Cash flows from operating activities

million €

1,228

2,537

–51.6%

938

2,012

–53.4%

Free cash flow

million €

336

1,770

–81.0%

–557

789

.

a

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

b

Due to the current share buyback program, the weighted average number of outstanding shares was 903,147,947 in the second quarter of 2022 and 907,989,633 in the first half of 2022.

c

Additions to property, plant and equipment and intangible assets