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BASF confirms outlook but warns uncertainty from trade duties is high
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BASF confirms outlook but warns uncertainty from trade duties is high
May 25, 2025 11:59 PM

FRANKFURT, May 2 (Reuters) - German chemicals giant BASF

on Friday reaffirmed its full-year earnings guidance

but warned the outlook was fraught with high uncertainty because

of U.S. tariffs and any reactions to them by other countries.

"Developments going forward will largely depend on the trade

policy decisions made by the United States and its trading

partners. A reliable quantification of the impact on the global

economy is not possible at this time," BASF said in a statement.

The group reiterated it was targeting 2025 earnings before

interest, taxes, depreciation and amortisation (EBITDA) and

adjusted for one-off items of between 8 billion euros ($9

billion) and 8.4 billion euros.

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