Performance and Functional Materials deliver mor - sportstextiles: Lea SportsTextiles

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Performance and Functional Materials deliver more than half of BASF’s revenues

27/07/2018
The Performance Products and Functional Materials segments combined to contribute more than 50% of total revenues of €33.4 billion at chemicals group BASF in the first half of 2018.

Sales in the Performance Products segment declined by 5% year on year to €7.9 billion (compared to €8.4 billion in the same six-month period last year).

However, sales revenues in the Functional Materials segment rose by 2% to reach €10.7 billion.

BASF said its figures were negatively affected by currency exchange rates, in particular relating to the US dollar.


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