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MarketScreener Homepage  >  Equities  >  Xetra  >  BASF SE    BAS   DE000BASF111

BASF SE

(BAS)
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BASF : Says Executive Board Member Sanjeev Gandhi to Leave, Reorganizes Board

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10/21/2019 | 11:18am EST

By Cristina Roca

BASF SE (BAS.XE) said Monday that it is reducing the size of its executive board as part of an efficiency drive, and that board member Sanjeev Gandhi is leaving the company.

The German chemicals company said Mr. Gandhi will leave at his own request at the end of the year, and that its executive board will have six instead of seven members starting Jan. 1, 2020.

BASF in June launched a plan to overhaul the company and boost profitability.

Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca

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Financials (EUR)
Sales 2019 61 932 M
EBIT 2019 4 760 M
Net income 2019 9 159 M
Debt 2019 18 605 M
Yield 2019 4,65%
P/E ratio 2019 7,02x
P/E ratio 2020 17,8x
EV / Sales2019 1,34x
EV / Sales2020 1,28x
Capitalization 64 165 M
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Mean consensus HOLD
Number of Analysts 26
Average target price 67,22  €
Last Close Price 69,86  €
Spread / Highest target 26,0%
Spread / Average Target -3,77%
Spread / Lowest Target -22,7%
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Managers
NameTitle
Martin Brudermüller Chairman-Executive Board & CTO
Jürgen Hambrecht Chairman-Supervisory Board
Hans-Ulrich Engel CFO & Vice Chairman-Executive Board
Michael Diekmann Vice Chairman-Supervisory Board
François Diederich Member-Supervisory Board
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