Second quarter 2013
First half 2013
“In light of the challenging conditions, our business performed well in the first half of 2013. Our business with crop protection products contributed substantially to sales and earnings growth. Earnings rose considerably in the Functional Materials & Solutions segment. Higher volumes in the Oil & Gas segment also boosted sales and earnings development,” said Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE at the company’s half-year press conference.
At just under 2%, global gross domestic product grew more slowly in the first half of 2013 compared with the same period of the previous year. Global industrial production only rose by around 1% over the same period. Bock said: “The economic environment is and remains volatile. The European economy is shrinking slightly; the Chinese growth engine is no longer running at full power; the United States is growing moderately. We are clearly feeling these effects and are doing everything we can to maneuver BASF successfully through this challenging environment. ”
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BASF