BASF CFO on Cost Cuts Amid Chemicals Slump

Bloomberg
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BASF CFO on Cost Cuts Amid Chemicals Slump
Bloomberg
Written by Bloomberg
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German manufacturer BASF has warned that its 2026 adjusted operating income may either decline or increase only marginally amid challenging market conditions, falling short of market expectations and leading the chemicals group to intensify its cost-cutting measures. CFO Dirk Elvermann spoke with Bloomberg's Vonnie Quinn.

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