BASF reported Q1 EBITDA before special items of €2.36 bn, down from €2.49 bn YoY, reflecting a 5% decline.
Sales fell 3% to €16.02 bn versus €16.51 bn last year, pressured by dollar and yuan currency swings and heightened competition.
Net income rose to €927 mn from €808 mn, while a €170 mn special charge was recorded for cost‑saving programmes.
BASF maintained its 2026 outlook of €6.2‑7.0 bn EBITDA and €1.5‑2.3 bn free cash flow, citing Middle‑East uncertainty.