|Bid||43.06 x 139300|
|Ask||43.06 x 16500|
|Day's range||42.67 - 43.20|
|52-week range||40.25 - 54.04|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||3.40 (7.91%)|
|Ex-dividend date||28 Apr 2023|
|1y target est||N/A|
German chemicals maker BASF has struck an agreement with South Korean electric-vehicle battery cell manufacturer SK On to evaluate opportunities to work together on lithium-ion batteries with a focus on North America and Asia. In a joint statement on Wednesday, the two companies said they would initially look into cathode materials production, which has been an area of major global investment for BASF. Other potential areas of collaboration at a later stage include battery recycling, they added.
BASF SE (PNK:BASFY) Q3 2023 Earnings Call Transcript October 31, 2023 Stefanie Wettberg: Good morning, ladies and gentlemen. Welcome to BASF Conference Call on the Third Quarter 2023 Results. Today’s presentation is being recorded. All participants will be in listen-only mode throughout. The presentation will be followed by a question-and-answer session. [Operator Instructions] Today’s presentation […]
FRANKFURT (Reuters) -German chemicals giant BASF on Tuesday mapped out further cost cuts, scaled back investment spending and said 2023 earnings and sales would be at the lower end of its target ranges due to an uncertain global outlook. "The macroeconomic outlook remains extremely uncertain in the current interest rate policy environment and in view of increasing geopolitical risks," the company said, adding that rising raw materials prices could weigh on demand. Investors though were encouraged that BASF was making more cost cuts and viewed its full-year guidance as better than some had feared, sending shares in the group up 4% in early trade.