BASF: Capex To Increase While Cash Flow Suffers

U. J. Alexander BASF's (OTCQX:BFFAF)(OTCQX:BASFY) 2023 annual report was characterized by the slogan 'Rethinking chemistry', reflecting the need to evolve and secure a license to operate in a world that puts more emphasis on emissions, a subject previously covered. This rethinking needs to be done in a challenging macro-environment which affects the bottom line of the company. While the company will be able to maintain the dividend, growth is still a few years out. In addition, material stock price appr ...