BASF Raises Guidance and Stresses Operational Resilience After River Disruption
BASF says falling water levels disrupted production on a key river route for its Ludwigshafen site about three weeks ago, and links its Climate Center and operational resilience focus to keeping risk assessments current as conditions change. It also promotes a risk-assessment toolkit with 41 templates for documenting hazards and staying compliant. About a month after lifting full-year guidance, BASF now targets €6.9–€7.7 billion EBITDA, with EPS at €4.78 and revenue up 9.11% to €17.21 billion.