BASF Group: The second quarter of 2020 operating results were better than market expectations

Second Quarter 2020: — EBIT before special items expected to be EUR 226 million (Q2 2019: EUR 995 million) — Net income is expected to be negative EUR 878 million (Q2 2019: EUR 5,954 million) due to the impairment of the equity investment in Wintershall Dea, which has no cash flow impact On July 10, BASF published preliminary data on the business situation in the second…