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    BAS   DE000BASF111

BASF SE

(BAS)
  Report
Real-time Estimate Tradegate  -  11:54 2022-11-30 am EST
48.56 EUR   -1.02%
10:53aBasf : Personnel Changes at BASF
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06:19aEuropean Midday Briefing: Stocks Firmer as Eurozone Inflation Drops
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05:42aBasf : Joint News Release Inditex and BASF develop the first detergent designed to reduce microfiber release from textiles during washing
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BASF to Get EUR134 Million in Government Funding for Renewable-Hydrogen Rampup

10/03/2022 | 10:10am EST

By Kim Richters


BASF SE will receive 134 million euros ($131.3 million) in funding from the German government to ramp up its renewable-hydrogen production capacities, the European Commission said on Monday.

The Commission said it had approved the measure, which comes in form of a direct grant and "will support BASF's production of renewable hydrogen mainly to replace fossil-based hydrogen in BASF's chemical production processes."


Write to Kim Richters at kim.richters@wsj.com


(END) Dow Jones Newswires

10-03-22 1210ET

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Analyst Recommendations on BASF SE
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Financials
Sales 2022 88 199 M 91 200 M 91 200 M
Net income 2022 4 883 M 5 049 M 5 049 M
Net Debt 2022 16 640 M 17 206 M 17 206 M
P/E ratio 2022 9,07x
Yield 2022 6,92%
Capitalization 43 885 M 45 378 M 45 378 M
EV / Sales 2022 0,69x
EV / Sales 2023 0,73x
Nbr of Employees 111 768
Free-Float 100%
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 49,06 €
Average target price 54,06 €
Spread / Average Target 10,2%
EPS Revisions
Managers and Directors
Martin BrudermŘller Chairman-Executive Board
Hans-Ulrich Engel Chief Financial Officer
Kurt Wilhelm Bock Chairman-Supervisory Board
Melanie Maas-Brunner Chief Technology Officer
Alison Jane Carnwath Independent Member-Supervisory Board
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