Berlin, July 11, 2025 (AFP) - BASF cuts 2025 outlook on impact of US tariffs

NAMPA / AFP
2025-07-11
German chemical giant BASF said Friday its profits had fallen in the second quarter of 2025 and slashed its outlook for the year as US tariffs weighed on global economic activity. Between April and June, BASF recorded a net profit of some 80 million euros ($94 million), the group said in a statement. That was well below last year's second-quarter figure of around 430 million euros and average analyst expectations of around 410 million euros, BASF......
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