BASF SE (BASFY) , a prominent global battery materials producer and battery recycler, joined forces with Stena Recycling, a leading European recycling company, in a black mass purchase agreement. This collaboration is part of a broader initiative by BASF and Stena Recycling to establish a comprehensive battery recycling value chain for the European electric vehicle battery market.The primary focus of this partnership is the development of enhanced black mass production processes, aiming for high recovery ra ...

1 October 31, 2023 | BASF Analyst Conference Call Q3 2023 Analyst Conference Call Q3 2023 October 31, 2023 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve ...

BASF SE (OTCQX:BASFY) Q3 2023 Earnings Conference Call October 31, 2023 6:00 AM ET Company Participants Stefanie Wettberg - SVP, Investor Relations Martin Brudermüller - Chairman Dirk Elvermann - CFO Conference Call Participants Christian Faitz - Kepler Cheuvreux Gunther Zechmann - Bernstein Sam Perry - UBS Matthew Yates - Bank of America Chetan Udeshi - JPMorgan Charlie Webb - Morgan Stanley Jaideep Pandya - On Field Research Andreas Heine - Stifel Laurent Favre - BNP Peter Clark - Societe Generale Stefani ...

Q2 2023 Performance - BASF Group's sales decreased by 24.7% to €17305 million compared to Q2 2022[11, 22] - EBIT before special items declined by 57% to €1007 million compared to Q2 2022[12, 22] - Net income decreased by 76.1% to €499 million compared to Q2 2022[22] - Operating cash flow increased by 77.4% to €2178 million compared to Q2 2022[22] Market Environment - Global chemical production stagnated, with a growth rate of 0.3% in Q2 2023 compared to 1.5% in Q2 2022[6] - Global GDP grew by 2.5% in Q2 2023 compared to 3.0% in Q2 2022[6] - Global industrial production grew by 0.5% in Q2 2023 compared to 2.7% in Q2 2022[6] Strategic Initiatives - Capital expenditure for 2023 reduced by €0.6 billion to approximately €5.7 billion[50] - Cost savings program aims for >€500 million annual savings by the end of 2024[49] - Adaptation of Verbund structures in Ludwigshafen aims for >€200 million annual cost savings by the end of 2026[49] Asset and Debt - Total assets decreased by €1 billion to €83.5 billion[47] - Net debt increased by €4 billion to €20.2 billion[47] - Equity ratio is 47.1%, down from 48.4% on Dec 31, 2022[23, 47]

BASF SE (OTCQX:BASFY) Q2 2023 Earnings Conference Call July 28, 2023 4:00 AM ET Company Participants Martin Brudermüller - Chairman Dirk Elvermann - Chief Financial Officer Stefanie Wettberg - Senior Vice President Investor Relations Conference Call Participants Christian Faitz - Kepler Cheuvreux Matthew Yates - Bank of America Andreas Heine - Stifel Chetan Udeshi - JPMorgan Georgina Fraser - Goldman Sachs Jaideep Pandya - On Field Research Peter Clark - Societe Generale Sebastian Bray - Berenberg Stefanie ...

BASF SE (OTCQX:BASFY) Q4 2022 Earnings Conference Call February 23, 2023 2:00 AM ET Company Participants Stefanie Wettberg - SVP, IR Martin Brudermuller - Chairman & CEO Hans-Ulrich Engel - Supervisory Board Member Conference Call Participants Stefanie Wettberg Ladies and gentlemen, welcome to our virtual conference for analysts and investors. It's a pleasure to have you join us online today. We are streaming this event live from our corporate headquarters in Ludwigshafen. A replay will later be available. ...

□·BASF We create chemistry Analyst Conference Call Q3 2022 October 26, 2022 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve various risks and uncertainties ...

BASF SE (OTCQX:BASFY) Q3 2022 Earnings Conference Call October 26, 2022 5:00 AM ET Company Participants Stefanie Wettberg - Investor Relations Martin Brudermuller - Chairman Hans Engel - Chief Financial Officer Conference Call Participants Christian Faitz - Kepler Cheuvreux Andrew Stott - UBS Gunther Zechmann - Bernstein Chetan Udeshi - JPMorgan Laurent Favre - Exane BNP Paribas Peter Clark - Societe Generale Georgina Fraser - Goldman Sachs Andreas Heine - Stifel Markus Mayer - Baader Helvea Jaideep Pandya ...

Analyst Conference Call Q2 2022 July 27, 2022 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve various risks and uncertainties; and they are based on assump ...

BASF SE (OTCQX:BASFY) Q1 2022 Earnings Conference Call April 29, 2022 2:30 AM ET Company Participants Stefanie Wettberg - Senior Vice President Investor Relations Martin Brudermüller - Chairman of the Board of Executive Directors Hans Engel - Chief Financial Officer Conference Call Participants Christian Faitz - Kepler Cheuvreux Chetan Udeshi - JPMorgan Andrew Stott - UBS Matthew Yates - Bank of America Mubasher Chaudhry - Citi Jaideep Pandya - On Field Research Peter Clark - Société Générale Andreas Heine ...