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MarketScreener Homepage  >  Equities  >  Xetra  >  BASF SE    BAS   DE000BASF111

BASF SE

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BASF : analyzes automotive color distribution

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01/12/2019 | 06:44am EDT

BASF Color Report for Automotive OEM Coatings 2018 provides a global analysis of the color distribution in the 2018 automotive market, which reveals that - white, black, gray and silver colors still dominate the automobiles across the world. BASF's Coatings division provides a global analysis of the color distribution in the automotive market annually. They cover almost 80% of cars produced worldwide. Report reveals that White color is the most popular color in automobiles globally. More than every fourth car in North America and nearly every third vehicle in Europe is painted white, while in Asia Pacific it is more than every second car. Silver's popularity decreased slightly in comparison to the previous year. Among the diverse range of color shades, blue is the most popular, followed by red. These chromatic colors tend to be more popular within the smaller vehicle segments, such as compact and subcompact cars. The overall amount of chromatic hues drops off significantly in the larger segments. Here, there was a considerable increase in black and white compared to the previous year. According to the report, white is more popular in Asia Pacific than in any other region. 53% of all new cars are white. The color's popularity grew significantly in comparison to the previous year. Among chromatic colors, red is still the most popular choice. Blue, however, is closing the gap.

(c) 2019 Pakistan Observer. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2019 64 426 M
EBIT 2019 6 359 M
Net income 2019 4 310 M
Debt 2019 18 148 M
Yield 2019 4,86%
P/E ratio 2019 13,92
P/E ratio 2020 12,56
EV / Sales 2019 1,24x
EV / Sales 2020 1,18x
Capitalization 62 006 M
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Average target price 72,2 €
Spread / Average Target 7,0%
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Martin Brudermüller Chairman-Executive Board
Jürgen Hambrecht Chairman-Supervisory Board
Hans-Ulrich Engel Chief Financial Officer & Vice Chairman
Michael Diekmann Vice Chairman-Supervisory Board
François Diederich Member-Supervisory Board
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