BASF Group Sees Surge in Net Income and EPS for 2024

BASF Group reports a significant increase in net income and earnings per share for fiscal 2024. The company generated 1.3 billion euros in net income and 1.45 euros in earnings per share, highlighting strong performance.

Date: 28-02-2025

AI Rating: 7

Earnings Per Share (EPS): BASF Group reported earnings per share at 1.45 euros for fiscal 2024, a notable increase from 0.25 euros in 2023. This significant rise in EPS indicates improved profitability and could positively influence investor sentiment.

Net Income: The net income for BASF came in at 1.3 billion euros, a substantial increase compared to 225 million euros in 2023. This improved net income suggests enhanced operational efficiency and profitability, signaling a favorable outlook for investors.

Revenue Growth: Total sales for BASF in 2024 were reported at 65.3 billion euros, declining from 68.9 billion euros the previous year. This decline in sales could raise concerns about revenue growth, impacting stock prices negatively if not addressed in future strategies.

Profit Margins: The EBITDA margin before special items rose to 12.0 percent, compared to 11.1 percent previously. This increase in margin showcases improved cost management and operational efficiency.

Future Outlook: Looking ahead, BASF Group expects EBITDA before special items to rise to between 8.0 billion euros and 8.4 billion euros in 2025. This positive projection reflects confidence in the company's growth trajectory and could encourage long-term investment.

Stocks: BASFY