BASF pretax profit fell 50% in quarter
Article Abstract:
BASF AG posted a decline of 50% in its pretax profits for the second-quarter of 1999. However, chief executive officer Juergen Strube predicted that the company would escape from its present downward spiral. BASF posted 380 million euros in pretax profits for the period. During the same period in 1998, the company posted 765 million euros. Mr. Strube said that BASF would take advantage of opportunities in the chemical industry.
Comment:
Posts decline of 50% in pretax profits for second-quarter of 1999
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Clariant's revenue falls on slowdown
Article Abstract:
Clariant AG posted a drop of 4% in its 2001 nine-month sales to 7.59 billion Swiss francs. The company also posted a 9.5% drop in sales for the third-quarter period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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