We add value as one company
|
|
- Marilyn Sherman
- 6 years ago
- Views:
Transcription
1 Goldman Sachs European Chemicals 2020 Vision Conference Dr. Kurt Bock Chairman of the Board of Executive Directors London June 18, 2012 We add value as one company
2 Forward-looking statements This presentation includes forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. This presentation contains a number of forward-looking statements including, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. BASF has based these forward-looking statements on its views with respect to future events and financial performance. Actual financial performance of the entities described herein could differ materially from that projected in the forward-looking statements due to the inherent uncertainty of estimates, forecasts and projections, and financial performance may be better or worse than anticipated. Given these uncertainties, readers should not put undue reliance on any forward-looking statements. Forward-looking statements represent estimates and assumptions only as of the date that they were made. The information contained in this presentation is subject to change without notice and BASF does not undertake any duty to update the forward-looking statements, and the estimates and assumptions associated with them, except to the extent required by applicable laws and regulations. 2
3 BASF today - The Chemical Company The leading chemical company worldwide - Sales 2011: 73.5 billion - EBIT before special items 2011: 8.4 billion - ~111,000 employees Customers in >200 countries and in virtually all industries # 1-3 market position in over 75% of businesses Unique Verbund concept for integrated production - Six Verbund sites in all major regions - Production sites in 41 countries Highly experienced management team - Senior executives from 36 countries 3
4 BASF today a well-balanced portfolio Total sales 2011: 73.5 billion Percentage of sales 2011* Chemicals Inorganics Petrochemicals Intermediates Plastics Performance Polymers Polyurethanes Performance Products Dispersions & Pigments Performance Chemicals Care Chemicals Nutrition & Health Paper Chemicals Agricultural Solutions Crop Protection Functional Solutions Oil & Gas Exploration & Production and Natural Gas Trading * not depicted here: 9% of Group sales reported as Other 4
5 Business review BASF Today Trends BASF strategic principles Purpose and strategic principles Targets Growth targets Strategic Strategic levers levers BASF Tomorrow Board priorities Fit for 2020 June BASF 2012 Strategy: We create chemistry November
6 Demographic challenges set the stage for the future of the chemical industry Nine billion people in 2050 but only one earth Chemistry as enabler 6
7 Key trends for the chemical industry Growth will accelerate Innovation gains in importance Sustainability as strategic driver Competitive landscape will change Industrial production > GDP Chemical production > GDP Emerging markets will outgrow developed markets Chemistry as enabler Chemical products replace traditional materials Create innovative sustainable solutions Use opportunities from sustainability Increase resource efficiency Renewables as raw materials Stakeholder dialog Integrated chemical companies remain cornerstone Emerging markets players grow quickly Raw material players invest further downstream Chemical industry remains an attractive growth industry 7
8 Our purpose We create chemistry for a sustainable future. 8
9 Our strategic principles We add value as one company. We drive sustainable solutions. We innovate to make our customers more successful. We form the best team. 9
10 Business review BASF Today Trends BASF strategic principles Purpose and strategic principles Targets Growth targets Strategic Strategic levers levers BASF Tomorrow Board priorities Fit for 2020 June BASF 2012 Strategy: We create chemistry November
11 Striving for strong profitable growth Medium- and long-term sales target Sales* in billion CAGR ~6% Innovations Acquisitions ~115 Investments 64 Investments Innovations Acquisitions ~ Target Target We will outperform chemical production by 2 percentage points p.a. * Potential impact of IFRS changes not included 11
12 Striving for strong profitable growth All regions will deliver profitable growth Regional sales targets 2020 (by location of customers) in billion North America ~5.5% p.a. 20%* 13 ~ South America, Africa, Middle East ~8% p.a. 8%* 19%* 5 ~ %* Europe ~4.5% p.a. 52%* 33 ~ %* Asia Pacific ~8% p.a. ~ %* %* * Percentage of total sales 12
13 Striving for strong profitable growth Doubling EBITDA by 2020 EBITDA* in billion 11.1 Growth Op. Excellence CAGR ~7.5% Growth Acquisitions ~15 Op. Excellence Acquisitions ~ Target Target * Assumptions : Exchange rate $/ Ø 1.40, Oil price Ø $110/bbl 13
14 Business review BASF Today strategic principles Trends Growth targets Purpose and strategic principles Targets Strategic levers Strategic Portfolio levers development Market approach BASF Tomorrow Board priorities Innovations for a sustainable future Investments Acquisitions Operational excellence Fit for 2020 June BASF 2012 Strategy: We create chemistry November
15 We expand from chemicals to chemistry New molecules Chemistry as key enabler for functionalized materials & solutions Improved applications Functionalized materials & solutions Deep understanding of customer value chains required Batteries, membranes... 15
16 Portfolio development towards more market driven and innovative businesses Acquisitions Crop protection Engineering plastics Electronic chemicals Custom synthesis Catalysts Construction chemicals Water-based resins Pigments Plastic additives Oil & Gas Personal care & food BASF core business Selected transactions 2001 today Strong partnerships Gazprom Monsanto Petronas Shell Sinopec Total Divestitures Pharma Fibers Printing systems Polyolefins Polystyrene Americas Agro generics Vitamins premix Fertilizers Styrenics (transferred into Styrolution JV on Oct. 1, 2011) ~ 15bn sales ~ 10bn sales* * without Styrenics 16
17 Moving downstream towards customer industries Classical Chemicals Customized Products Functionalized Materials & Solutions 2001 in % of sales** Chemical Industry ~ 50% First customer industries* ~ 50% 2010 in % of sales** ~ 40% ~ 60% 2020 in % of sales** ~30% ~ 70% * Agriculture, Construction, Consumer Goods, Health & Nutrition, Electronics, Energy & Resources, Transportation ** Sales excluding Oil & Gas 17
18 Building on our cross-divisional customer industry approach BASF sales by first customer industry* Bubble Size: BASF divisional sales by first customer industry (2010)** Consumer goods > 15 % Transportation Construction > 15 % < 10 % Energy & Resources < 10 % Inorganics Petrochemicals Construction Chemicals Catalysts Intermediates Coatings Dispersions & Pigments Care Chemicals Performance Chemicals Paper Chemicals Polyurethanes Performance Polymers * Excluding Oil & Gas and Other ** Excluding Agricultural Solutions, Health & Nutrition, Oil & Gas and Other 18
19 Combining cross-divisional technology competencies with customer know-how Smart forvision Joint concept car of Daimler and BASF Lightweight tridion cell Solar roof with transparent organic solar panels and OLED modules High performance foams E-textiles Infrared-reflective film Multifunctional seat Infrared-reflective coating All-plastic wheel 19
20 Cross-divisional approach Biopolymer for enhanced oil recovery Potential Increased incremental oil recovery of up to 10% on waterflooding. Sales potential to be defined after completion of trials Schizophyllum commune Approach Leverage BASF s Verbund knowhow in white biotechnology for Oil & Gas production Proprietary biopolymer from Schizophyllum fungus allows for enhanced oil recovery due to its high viscosifying efficiency Biopolymer is stable in high temperature and high salinity reservoirs Schizophyllan biopolymer Current activities Schizophyllan biopolymer to be produced at BASF Ludwigshafen via fermentation. First trial in mature Wintershall oil field starting in 2012 (Bockstedt, Germany)
21 Cross-divisional approach ecovio biodegradable plastic in paper applications Business potential 2020 Market size: opportunity to substitute > 200 kt of various products Sales potential for BASF: ~ 40 million (ecovio FS Paper for extrusion coating) Additional business opportunities in wet-end applications under evaluation (e.g. paper strength improvement) Concept Leverage BASF know-how on biodegradable plastics and paper chemicals to offer sustainable solutions for packaging and foodservice ware Current activities ecovio FS Paper launched in various markets since 2010 Business Model for sustainable Closed System throughout whole value chain (incl. waste management) R&D-projects for additional applications and solutions 21
22 Chemistry as an enabler for many customer industries Customer industries Transportation Construction Consumer Goods Health & Nutrition Electronics Agriculture Energy & Resources Batteries for mobility Heat management Enzymes Medical Organic Electronics Plant biotechnology Energy management Growth Fields* Lightweight composites Heat management Functional crop care Rare earth metals recycling Wind energy Water solutions Ongoing inflow of new growth fields Sustainability in customer industries will drive our innovative growth fields * Including growth fields still under evaluation 22
23 Innovations for a sustainable future BASF growth field examples Growth Field examples Batteries for mobility Water solutions Plant biotechnology Business potential 2020 Market size: > 20 billion BASF sales potential: > 500 million Market size: ~ 20 billion BASF sales potential: > 800 million Market size: ~ 11 billion gross trait value BASF sales potential: 1.8 billion gross trait sales before partner share Existing Activities New global business unit for battery chemicals & materials Electrode material plant being built in Ohio. Acquired Novolyte, Merck s electrolytes, Ovonik, equity position in Sion Power R&D network with academia Sites in US, China, Europe BASF expertise and portfolio (high-performance flocculants, desalination and antifouling chemicals.) Acquired inge water-technologies (membranes) to offer module systems BASF as Trait Technology Partner of leading trait and seed companies Yield & Stress collaboration with Monsanto (corn, soy, cotton, canola and wheat) Targets Become the leading supplier of battery materials Target customers: Battery producers Leading supplier of innovative water solutions Forward integration into membrane technologies Contribute to more efficient agriculture, healthier nutrition Make Plant Biotechnology an operating division within the Agricultural Solutions segment 23
24 Innovation will spur further growth Total R&D expenditures 2011 in billion Chemicals 8% Plastics 9% Performance Products 21% Functional Solutions 12% 1.6 billion Corporate Research 23% 24% 1% Oil & Gas 1% Agricultural Solutions 26% Strong commitment to R&D 1.6 billion R&D expenditures in 2011 (2010: 1.5 billion) ~10,100 employees in R&D ~2,800 projects Research Verbund: About 1,950 partnerships with universities, start-ups and industry partners Increase R&D spending to 1.7 billion in
25 7 billion EBITDA targeted from innovations in 2020 Sales and EBITDA from innovations in billion ~30 Sales from innovations launched within last 5 years EBITDA from innovations launched within last 5 years ~10 ~2.5 ~7 Sales from innovations launched within last 10 years EBITDA from innovations launched within last 10 years
26 Growth above market with increasing share from emerging markets Developed markets* Emerging markets 2001 in % of sales ( 28 bn**) ~ 78% ~ 22% 2010 in % of sales ( 53bn**) ~ 66% ~ 34% 2020 in % of sales** ~55% ~ 45% *BASF definition: Developed markets include EU15, Norway, Switzerland, North America, Japan, Australia, New Zealand ** Sales excluding Oil & Gas 26
27 Investments will boost future organic growth Future investments in billlion ~ % 35-45% ~20% Total investments Thereof investments in emerging markets 27
28 Major investment projects * Memorandum of Understanding signed 28
29 Acquisitions will contribute to profitable growth in the future We want to acquire businesses which Generate profitable growth above the industry average Are innovation-driven Offer a special value proposition to customers Provide a minimum return on investment of 8% after tax Are EPS accretive by year three at the latest Reduce earnings cyclicality Strategic acquisition criteria Financial acquisition criteria 29
30 Strong focus on operational excellence BASF Group Index CAGR % 10 % 4 % EBITDA Sales Fixed costs
31 New operational excellence program STEP: Earnings contribution ~ 1 billion Annual earnings contribution in million 3,000 2,000 1,000 0 Former cost saving programs NEXT STEP NEXT Program Annual earnings contribution of 1 billion will be achieved in 2012 Achieved by end 2011: > 800 million STrategic Excellence Program STEP Project timeline: Measures to optimize processes and structures in all regions, e.g. manufacturing, maintenance supply chain engineering, best-cost country sourcing Fixed cost savings and margin improvements One-time costs & investments: ~ 1 billion Targeted annual earnings contribution: ~ 1 billion by end of 2015, thereof 100 million in 2012 (run-rate) 31
32 Business review BASF Today Trends BASF strategic principles Purpose and strategic principles Targets Growth targets Strategic Strategic levers levers BASF Tomorrow Board priorities Fit for 2020 June BASF 2012 Strategy: We create chemistry November
33 Key financial targets 2015 / 2020 Growth targets Profitability targets Grow at least 2 percentage points above chemical production Earn a premium on cost of capital of at least 2.5 billion on average p.a Sales ~ 85 billion EBITDA ~ 15 billion EPS ~ Sales ~ 115 billion Double EBITDA to ~ 23 billion (compared with 2010) 33
34 34
We add value as one company
Fried-Walter Münstermann Executive Vice President and CFO of BASF Corporation Napa, California June 14-15, 2012 We add value as one company Forward-looking statements This presentation includes forward-looking
More informationWe add value as one company
Hans Engel CFO of BASF SE New York, September 11, 2012 We add value as one company Forward-looking statements This presentation includes forward-looking statements that are subject to risks and uncertainties,
More informationWe add value as one company
Dr. Kurt Bock Chairman of the Board of Executive Directors Nomura Global Chemical Industry Leaders Conference Rome March 23, 2012 We add value as one company Forward-looking statements This presentation
More informationCautionary note regarding forward-looking statements
Cautionary note regarding forward-looking statements This presentation may contain forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated
More informationBASF: Fit for 2012 and beyond
BASF: Fit for 2012 and beyond Dr. Stefan Marcinowski Member of the Board of Executive Directors Paris December 08, 2011 BASF Strategy: We create chemistry November 2011 1 Business review BASF Today Trends
More informationMagdalena Moll Head of IR Frankfurt May 15, 2013 We add value as one company
Magdalena Moll Head of IR Deutsche Bank German, Swiss & Austrian Conference Chemicals Frankfurt May 15, 2013 Oil & Gas Performance Products Value Agricultural Solutions Functional Materials & Solutions
More informationWe add value as one company
Kurt Bock CEO of BASF SE New York, November 15, 2012 We add value as one company Forward-looking statements This presentation includes forward-looking statements that are subject to risks and uncertainties,
More informationWe add value as one company
Florian Greger Director Investor Relations Deutsche Bank Virtual ADR Conference March 20, 2014 We add value as one company Cautionary note regarding forward-looking statements This presentation may contain
More informationValue. We add value as one company. Kurt Bock Chairman and CEO BASF SE. Chemicals. Performance Products. Oil & Gas. Functional Materials
Kurt Bock Chairman and CEO BASF SE 10 th Annual Pan-European Strategic Decisions Conference Sanford C. Bernstein London October 1, 2013 Oil & Gas Chemicals Value Performance Products Agricultural Solutions
More informationValue. We add value as one company. Florian Greger Director Investor Relations. Chemicals. Performance Products. Oil & Gas. Functional Materials
Florian Greger Director Investor Relations Redburn European Conference Chemicals Toronto November 21-22, 2013 Oil & Gas Performance Products Value Agricultural Solutions Functional Materials & Solutions
More informationWe add value as one company
Florian Greger Director Investor Relations Roadshow San Francisco / Los Angeles April 2-3, 2014 We add value as one company Cautionary note regarding forward-looking statements This presentation may contain
More informationWe add value as one company
Florian Greger Director Investor Relations Jefferies 2014 Global Industrials Conference New York City August 12, 2014 We add value as one company Cautionary note regarding forward-looking statements This
More informationHeading back to profitable growth
Commerzbank German Investment Seminar 2010 New York January 12, 2010 Dr. Kurt Bock, CFO Heading back to profitable growth 1 Forward-looking statements This presentation includes forward-looking statements
More informationWe create chemistry for a sustainable future
Dr. Hans-Ulrich Engel Chief Financial Officer CFO Roadshow Boston September 11, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation
More informationWe create chemistry for a sustainable future
Ingo Rose Director Investor Relations Redburn Conference Toronto May 9-10, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation contains
More informationBASF: Fit for Dr. Hans Engel. CFO of BASF SE, Chairman and CEO of BASF Corporation. Boston & New York, November 7-8, 2011
BASF: Fit for 2012 Dr. Hans Engel CFO of BASF SE, Chairman and CEO of BASF Corporation Boston & New York, November 7-8, 2011 BASF Capital Market Story November 2011 1 1 Business review 2 Focus on operational
More informationWe create chemistry for a sustainable future
Dr. Stefanie Wettberg Senior Vice President Investor Relations Investor Visit Ludwigshafen June 27, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements
More informationBASF We create chemistry. Dr. Lars Budde, Senior Manager Investor Relations EQUITA European Conference, Milan, November 23, 2017
BASF We create chemistry Dr. Lars Budde, Senior Manager Investor Relations EQUITA European Conference, Milan, November 23, 2017 Cautionary note regarding forward-looking statements This presentation contains
More informationWe create chemistry for a sustainable future
Andrea Frenzel President South and East Asia, ASEAN and ANZ Roadshow Kuala Lumpur June 5, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation
More informationWe create chemistry for a sustainable future
Dr. Kurt Bock Chairman of the Board of Executive Directors Roadshow London November 17, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation
More informationBASF posts strong results
BASF posts strong results Markus Zeise Director, Investor Relations New York, September 14, 2011 1 1 Business review 2 Focus on operational excellence 3 Well positioned for profitable growth 4 Outlook
More informationWe add value as one company
Ingo Rose Director Investor Relations Deutsche Bank ADR Virtual Investor Conference March 17, 2016 We add value as one company BASF Capital Market Story March 2016 1 Cautionary note regarding forward-looking
More informationBASF Capital Market Story
Dr. Martin Brudermüller Vice Chairman of the Board of Executive Directors; Chief Technology Officer Société Générale Premium Review Paris November 30, 2016 BASF Capital Market Story BASF Capital Market
More informationValue. We add value as one company. Andreas Kreimeyer Member of the Board of Executive Directors. Chemicals. Performance Products.
Andreas Kreimeyer Member of the Board of Executive Directors Roadshow Switzerland Chemicals July 4, 2013 Oil & Gas Performance Products Value Agricultural Solutions Functional Materials & Solutions We
More informationRobust 3rd Quarter 2013 for BASF
Third Quarter 2013 Financial highlights October 25, 2013 Robust 3rd Quarter 2013 for BASF Cautionary note regarding forward-looking statements This presentation may contain forward-looking statements that
More informationKurt Bock, CFO UBS Best of Germany Conference New York, September 17, 2009 Tackling the challenges ahead
Kurt Bock, CFO UBS Best of Germany Conference New York, September 17, 2009 Tackling the challenges ahead 1 Sep 2009 1 Robust performance in difficult environment 2 Managing the downturn 3 Clear priorities
More informationValue across the cycle
Dr. Jürgen Hambrecht, CEO Dr. Kurt Bock, CFO February 21, 2008 Looking with confidence to 2008 Value across the cycle BASF posts new records Financial performance 2007 Sales up by 10% to 58 billion EBIT
More informationWe add value as one company
We add value as one company Michael Heinz Member of the Board of Executive Directors Roadshow Switzerland March 4-5, 2015 BASF Capital Market Story March 2015 1 Cautionary note regarding forward-looking
More informationWe create chemistry for a sustainable future
Andrea Frenzel President South and East Asia, ASEAN and ANZ Seoul December 4, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation contains
More informationWe create chemistry for a sustainable future
Sanjeev Gandhi Member of the Board of Executive Directors Tokyo February 28, 2017 We create chemistry for a sustainable future Cautionary note regarding forward-looking statements This presentation contains
More informationWe create chemistry for a sustainable future. Stefan Koch, Investor Relations MainFirst Corporate Conference, Copenhagen March 22, 2018
We create chemistry for a sustainable future Stefan Koch, Investor Relations MainFirst Corporate Conference, Copenhagen March 22, 2018 Cautionary note regarding forward-looking statements This presentation
More informationBASF with good quarterly results in the chemicals and crop protection businesses
First Quarter 2015 Financial highlights April 30, 2015 150 years BASF with good quarterly results in the chemicals and crop protection businesses Cautionary note regarding forward-looking statements 150
More informationTackling the challenges ahead
Michael Heinz Chief Executive Officer & Global Integration Manager Ciba Vontobel Swiss Chemicals Day, Zurich August 27, 2009 Tackling the challenges ahead 1 1 Robust performance in difficult environment
More informationInvestor Release. BASF confirms outlook for 2012 despite growing economic risks
Investor Release BASF confirms outlook for 2012 despite growing economic risks 2 nd quarter 2012: - Sales up 6% and EBIT before special items up 11% compared with previous year s quarter - Strong business
More informationBASF: Earnings and volumes increase in chemicals business
BASF: Earnings and volumes increase in chemicals business Analyst Conference Call Q3 October 27, Cautionary note regarding forward-looking statements 150 years This presentation may contain forward-looking
More informationWe add value as one company
150 years Florian Greger Director Investor Relations Citi Basic Materials Conference New York December 2, 2015 150 years We add value as one company BASF Capital Market Story December 2015 1 Cautionary
More informationLudwigshafen, February 26, 2016
Ludwigshafen, February 26, 216 Analyst Conference Call FY215 Cautionary note regarding forward-looking statements This presentation may contain forward-looking statements that are subject to risks and
More informationBASF Capital Market Story
Hans-Ulrich Engel Chief Financial Officer of BASF SE Roadshow Frankfurt July 28, 2016 BASF Capital Market Story BASF Capital Market Story, July 2016 1 Cautionary note regarding forward-looking statements
More informationValue. We add value as one company. Magdalena Moll Amber Usman Investor Relations BASF. Chemicals. Performance Products. Oil & Gas
Magdalena Moll Amber Usman Investor Relations BASF BofA Merrill Lynch China Conference 2013 Chemicals Beijing November 8, 2013 Oil & Gas Value Performance Products Agricultural Solutions Functional Materials
More informationBASF in excellent shape, optimistic for 2011
Dr. René Lochtman Deputy Head of IR Juliane Schöningh IR Manager BASF in excellent shape, optimistic for 2011 Bankhaus Lampe Kapitalmarktkonferenz Baden-Baden, Germany April 1, 2011 1 Record year 2010
More informationWe add value as one company
150 years We add value as one company Jörg Wuttke Vice President Chief Representative, China Asian Investment Conference Credit Suisse March 23 & 24, 2015 BASF Capital Market Story March 2015 1 Cautionary
More informationWe add value as one company
150 years We add value as one company Florian Greger Director Investor Relations Berenberg European Conference Tarrytown, NY May 20, 2015 BASF Capital Market Story May 2015 1 Cautionary note regarding
More informationWe add value as one company
Magdalena Moll Head of IR MainFirst Chemicals One-on-One Forum Zurich June 5, 2014 We add value as one company Cautionary note regarding forward-looking statements This presentation may contain forward-looking
More informationAnalyst Conference Call Full Year Ludwigshafen, February 27, 2018
Analyst Conference Call Full Year 217 Ludwigshafen, February 27, 218 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based
More informationWe add value as one company
Martin Liedemit Deputy Head of IR Nirath Perakath IR Manager Asia Pacific Roadshow Edinburgh June 30 & July 1, 2016 We add value as one company BASF Capital Market Story, June 2016 1 Cautionary note regarding
More informationThird-quarter sales and EBIT bsi down in a difficult economic environment
Third Quarter 2015 Financial highlights October 27, 2015 Wolfgang Budde 150 years Third-quarter sales and EBIT bsi down in a difficult economic environment Cautionary note regarding forward-looking statements
More informationInterim Report 3rd Quarter 2011 (July September)
Interim Report 3rd Quarter 2011 (July September) BASF with good earnings in 3rd quarter High demand in the third quarter Growth in chemical production expected to slow in the 4th quarter Outlook for 2011:
More informationWe create chemistry for a sustainable future
We create chemistry for a sustainable future Michael Heinz, Member of the Board of Executive Directors, BASF SE Commerzbank Sector Conference, August 28, 2018 Cautionary note regarding forward-looking
More informationAnalyst Conference Call Q Speech (including slides) October 24, 2017
Analyst Conference Call Q3 2017 Speech (including slides) October 24, 2017 Analyst Conference Call Speech Kurt Bock, Chairman of the Board of Executive Directors Hans-Ulrich Engel, Chief Financial Officer
More informationAnalyst Conference Call Q July 27, Analyst Conference Call Script
Analyst Conference Call Q2 2017 July 27, 2017 Ludwigshafen, July 27, 2017 Analyst Conference Call Q2 2017 Analyst Conference Call Script Kurt Bock, Chairman of the Board of Executive Directors Hans-Ulrich
More informationBASF Venture Capital GmbH
BASF Venture Capital GmbH How We Live Corporate Venture Capital at BASF. October 10, 2012 Frankfurt a. M. - Germany Michael J. Nettersheim Disclaimer This presentation contains forward-looking statements
More informationBASF 1 st Quarter 2014 Analyst Conference Call May 2, 2014, 8:30 a.m. (CEST), Mannheim
S BASF 1 st Quarter 2014 Analyst Conference Call May 2, 2014, 8:30 a.m. (CEST), Mannheim First Quarter 2014 Financial highlights May 2, 2014 Good start to the year in chemicals business, oil and gas business
More informationWe create chemistry for a sustainable future
Kurt Bock Chairman of the Board of Executive Directors Bernstein 12th Annual Strategic Decisions Conference London September 30, 2015 We create chemistry for a sustainable future Cautionary note regarding
More informationBASF in Europe Setting course for higher growth
Hartwig Michels President Region Europe Redburn CEO Forum November 29, 2016 BASF in Europe Setting course for higher growth BASF Equity Story Region Europe, November 2016 1 Cautionary note regarding forward-looking
More informationBASF Analyst Conference Call FY 2015
BASF Analyst Conference Call FY 2015 February 26, 2016, 13:00 (CET) Ludwigshafen, Germany Analyst Conference Call Script (Long-Version) Kurt Bock, CEO Hans-Ulrich Engel, CFO The spoken word applies. Page
More informationBASF Analyst Conference Call FY 2016
BASF Analyst Conference Call FY 2016 February 24, 2017, 2:00 p.m. (CET) Ludwigshafen, Germany Ludwigshafen, February 24, 2017 Analyst Conference Call Full Year 2016 Analyst Conference Call Script long
More informationBASF 3 rd Quarter 2015 Analyst Conference Call October 27, 2015, 11:00 a.m. (CET) Ludwigshafen
150 years BASF 3 rd Quarter 2015 Analyst Conference Call October 27, 2015, 11:00 a.m. (CET) Ludwigshafen Third Quarter 2015 Financial highlights October 27, 2015 150 years Third-quarter sales and EBIT
More informationNews Release. BASF sales and earnings grow considerably in third quarter of Fall 2017 conference call, Ludwigshafen.
News Release Fall 2017 conference call, Ludwigshafen BASF sales and earnings grow considerably in third quarter of 2017 October 24, 2017 P345e/17 Jens Fey Phone: +49 621 60-99123 jens.fey@basf.com 3rd
More informationAnalyst Conference Call Q Speech (including slides) October 26, 2018
Analyst Conference Call Q3 2018 Speech (including slides) October 26, 2018 Analyst Conference Call Q3 2018 Ludwigshafen, October 26, 2018 Martin Brudermüller Chairman of the Board of Executive Directors
More informationWe create chemistry for a sustainable future. Nirath Perakath, Investor Relations Asia Pacific Roadshow Sydney and Melbourne August 14-16, 2018
We create chemistry for a sustainable future Nirath Perakath, Investor Relations Asia Pacific Roadshow Sydney and Melbourne August 14-16, 2018 Cautionary note regarding forward-looking statements This
More informationWe create chemistry for a sustainable future. Alex Sokolowski BASF Investor Relations HSBC GEMs Investor Forum, New York City June 4, 2018
We create chemistry for a sustainable future Alex Sokolowski BASF Investor Relations HSBC GEMs Investor Forum, New York City June 4, 2018 Cautionary note regarding forward-looking statements This presentation
More informationBASF Fall Conference Call on 3rd Quarter 2018, Ludwigshafen. BASF Group increases sales earnings below prior-year quarter
News Release October 26, 2018 BASF Fall Conference Call on 3rd Quarter 2018, Ludwigshafen BASF Group increases sales earnings below prior-year quarter Sales grow to 15.6 billion (plus 8%), largely driven
More informationBASF Capital Market Story February 2019
BASF Capital Market Story February 2019 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections
More informationNews Release. BASF: Sales and earnings considerably above prior first quarter. BASF conference call on first quarter 2017, Ludwigshafen
News Release BASF conference call on first quarter 2017, Ludwigshafen BASF: Sales and earnings considerably above prior first quarter April 27, 2017 Juliana Ernst Phone: +49 621 60-99123 juliana.ernst@basf.com
More informationBASF 2nd Quarter 2016 Analyst Conference Call July 27, 2016, 11:00 a.m. (CEST) Ludwigshafen
BASF 2nd Quarter 2016 Analyst Conference Call July 27, 2016, 11:00 a.m. (CEST) Ludwigshafen Analyst Conference Call Q2 2016 July 27, 2016 150 years BASF: Considerably higher earnings in chemicals business,
More informationFull-Year / Fourth Quarter 2010 Results
Full-Year / Fourth Quarter 2010 Results 16 February 2011 Disclaimer This presentation contains certain statements that are neither reported financial results nor other historical information. This presentation
More informationQuarterly Statement 3rd Quarter 2018 BASF Group increases sales, earnings below prior-year quarter
Quarterly Statement 3rd Quarter 2018 BASF Group increases sales, earnings below prior-year quarter Sales grow 8% to 15.6 billion, largely driven by higher prices EBIT before special items down 14% to 1.5
More informationAnalyst Conference Call Q Speech (including slides) May 4, 2018
Analyst Conference Call Q1 2018 Speech (including slides) May 4, 2018 Analyst Conference Call Speech Hans-Ulrich Engel, Chief Financial Officer Marc Ehrhardt, President Finance The spoken word applies.
More informationInterim Report 1st Quarter 2012 (January March)
Interim Report 2012 (January March) BASF with solid start to the year Sales rise; earnings slightly below same quarter of previous year Strong contribution from Oil & Gas segment Outlook for 2012 confirmed:
More informationInterim Report 1st Half 2012 (January June)
Interim Report 1st Half 2012 (January June) Solid first half of 2012 for BASF Sales and earnings increase compared with same period of 2011 Agricultural Solutions on course for record year Outlook confirmed
More informationBASF Analyst Conference FY2014
150 years BASF Analyst Conference FY2014 February 27, 2015, 15:00 (CET) Ludwigshafen, Germany Analyst Conference Call Script Kurt Bock, CEO Hans-Ulrich Engel, CFO The spoken word applies. Page 2 Cautionary
More informationDSM in motion: driving focused growth
DSM in motion: driving focused growth Nico Gerardu Member of the Managing Board Royal DSM Nomura Conference Bordeaux, March 25 2011 Safe Harbor Statement This presentation may contain forward-looking statements
More informationQuarterly Statement 1st Quarter 2018
Quarterly Statement st Quarter 208 BASF Group posts earnings growth in first quarter of 208 Sales down % to 6.6 billion due to currency effects EBIT before special items increased by 2% to 2.5 billion
More informationAnalyst Conference Call Q Ludwigshafen, October 26, 2018
Analyst Conference Call Q3 2018 Ludwigshafen, October 26, 2018 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on
More informationFinancial Targets through 2022: Focus on Value Creation
Financial Targets through 2022: Focus on Value Creation /////////// Capital Markets Day London, December 5, 208 Wolfgang Nickl CFO Bayer AG Disclaimer Cautionary Statements Regarding Forward-Looking Information
More informationLudwigshafen, April 27, 2017 Analyst Conference Call Q1 2017
Ludwigshafen, April 27, 2017 Analyst Conference Call Q1 2017 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These forward-looking statements
More informationHalf-Year Financial Report 2018 BASF Group records slight sales and earnings growth in first half of 2018
Half-Year Financial Report 2018 BASF Group records slight sales and earnings growth in first half of 2018 Sales up 1% to 33.4 billion due to higher prices and volumes EBIT before special items increased
More informationInterim Report 1st Quarter 2011 (January March)
Interim Report 2011 (January March) Powerful start to 2011: BASF remains on growth track Sales and earnings far above previous year s levels Cognis integration progressing rapidly Outlook for 2011 confirmed
More informationShaping the Future. BASF Group Annual Press Conference Report
Shaping the Future BASF Group Annual Press Conference Report Published on February 22, 2007 BASF Group 2006 Million 2006 2005 in % Sales 52,610 42,745 23.1 Income from operations before interest, taxes,
More information2nd Quarter Considerably higher earnings in chemicals business*; Oil & Gas significantly below prior-year quarter.
150 Jahre Media Telephone Conference 2nd Quarter 2016 Ludwigshafen, July 27, 2016 Considerably higher earnings in chemicals business*; Oil & Gas significantly below prior-year quarter 14,483-24% 2nd quarter
More informationMarkus Wildi. President Dow Europe GmbH The Dow Chemical Company. April 3, Lehman Brothers Global Chemical Industry Leaders Conference, Budapest
Markus Wildi President Dow Europe GmbH The Dow Chemical Company April 3, 2008 Agenda 2007 Financial Results Transformation to an Earnings-Growth Company What to Expect in 2008 2 2007 Full-Year Financial
More informationInvestor Conference Call
Investor Conference Call Q3 2014 Results October 30, 2014 / Marijn Dekkers, CEO Page 1 Q3 2014 Investor Conference Call Marijn Dekkers Disclaimer This presentation may contain forward-looking statements
More informationReporting Factsheet. BASF Group. Segments Sales EBIT bef. special items EBIT
n Reporting Factsheet Q4 2012 BASF Group (Million ) Q4 2012 Q4 2011 Change (%) Q4 2012 Q3 2012 Change (%) Sales 19,648 18,068 8.7 19,648 19,010 3.4 Income from operations before depreciation and amortization
More informationDow s Transformation In Action
Dow s Transformation In Action Geoffery E. Merszei Executive Vice President & Chief Financial Officer September 17, 2008 Agenda Who Is Dow Financial Performance Transformational Strategy Strategy in Action
More informationInvestor Release. Despite declining demand, BASF increases sales and earnings in the third quarter of Sales 18.3 billion (plus 3%)
Investor Release Despite declining demand, BASF increases sales and earnings in the third quarter of 2014 Sales 18.3 billion (plus 3%) EBIT before special items 1.8 billion (plus 9%) Chemicals and Oil
More informationLife Sciences & Materials Sciences. Staying the Course. Bond Investor Update. 4th March Page 0
Life Sciences & Materials Sciences Staying the Course Bond Investor Update 4th March 2010 Page 0 Disclaimer This document may contain forward-looking statements with respect to DSM's future (financial)
More information2014 Investor Forum. Joe Harlan Chief Commercial Officer and Vice Chairman, Market Businesses November 13, Dow.com
2014 Investor Forum Joe Harlan Chief Commercial Officer and Vice Chairman, Market Businesses November 13, 2014 Dow.com SEC Disclosure Rules Some of our comments today include statements about our expectations
More informationNews Release. Considerable earnings growth in second quarter, 2017 outlook raised. BASF Media Telephone Conference 2nd Quarter 2017, Ludwigshafen
News Release BASF Media Telephone Conference 2nd Quarter 2017, Ludwigshafen Considerable earnings growth in second quarter, 2017 outlook raised July 27, 2017 Juliana Ernst Phone: +49 621 60-99223 juliana.ernst@basf.com
More informationSpeech to the Annual Meeting. Dr. Jürgen Hambrecht Chairman of the Board of Executive Directors of BASF Aktiengesellschaft
BASF Aktiengesellschaft 55th Annual Meeting April 26, 2007 Speech to the Annual Meeting Dr. Jürgen Hambrecht Chairman of the Board of Executive Directors of BASF Aktiengesellschaft The spoken word applies!
More informationBASF 3 rd Quarter 2014 Analyst Conference Call October 24, 2014, 11:00 a.m. (CEST) Ludwigshafen
BASF 3 rd Quarter 2014 Analyst Conference Call October 24, 2014, 11:00 a.m. (CEST) Ludwigshafen Third Quarter 2014 Financial highlights October 24, 2014 BASF with higher sales and earnings despite declining
More informationSeaport Global Securities Transports & Industrials Conference. March 22, We ve Got Chemistry
Seaport Global Securities Transports & Industrials Conference March 22, 2017 We ve Got Chemistry Cautionary Statement Certain information in this presentation consists of forward-looking statements within
More informationInterim Report. 1st Half BASF increases earnings in first half of 2014
Interim Report 1st Half 2014 BASF increases earnings in first half of 2014 Considerable earnings growth in Functional Materials & Solutions and Performance Products segments Outlook for 2014 confirmed:
More informationDSM Investor Event 2017
DSM Investor Event 2017 Feike Sijbesma CEO Geraldine Matchett CFO ROYAL DSM HEALTH NUTRITION MATERIALS Safe harbor statement This presentation may contain forward-looking statements with respect to DSM
More informationInvestor Presentation. March 2013
Investor Presentation March 2013 1 Important Disclosures NOTE ON FORWARD-LOOKING STATEMENTS: This presentation and related discussions contain forward-looking statements about such matters as: our outlook
More informationNorthern Technologies International Corporation. Fiscal 2019 First Quarter Investor Presentation
Northern Technologies International Corporation Fiscal 2019 First Quarter Investor Presentation Forward Looking Statements Statements contained in this presentation that are not historical information
More informationBayer Polymers Top League Player In A Changing Market
Bayer Polymers Top League Player In A Changing Market Hagen Noerenberg Head of Bayer Polymers March 2002 Safe Harbor This presentation contains forward-looking statements based on current assumptions and
More informationBASF and Solenis to join forces by combining paper and water chemicals businesses
BASF and Solenis to join forces by combining paper and water chemicals businesses May 3, 2018 1 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements.
More informationDSM in motion: driving focused growth
DSM in motion: driving focused growth Nico Gerardu Member of the Managing Board Nomura Chemicals Conference Rome, 22 March 2012 Safe harbor statement This presentation may contain forward-looking statements
More informationStructure Finance - Session IV. Effizientes Management globaler Debitorenrisiken
Structure Finance - Session IV Effizientes Management globaler Debitorenrisiken 150 Jahre Peter Wahnschaffe Stuttgart, 25. November 2015 1 150 years Jahre Agenda 1. 2. 3. 4. 5. BASF at a glance Customer
More informationLANXESS Capital Markets Day 2010 Energizing Chemistry for Accelerated Growth. Axel C. Heitmann, CEO
LANXESS Capital Markets Day 2010 Energizing Chemistry for Accelerated Growth Axel C. Heitmann, CEO Duesseldorf, September 16, 2010 Agenda Strong platform for growth Capitalizing on four megatrends Strategy
More information