BASF Group Adjusts Outlook for Fiscal Year 2018

<img src='/images/173165967838650.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/173164382028943.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/173097124660620.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/173097122715046.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/173094640243928.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/173082207074632.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/173036284231907.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/173034979148711.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172925333326926.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172836350345666.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172820256478145.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172786668753220.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172776766032954.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172755889589908.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172680497221079.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172551481730312.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172496361438633.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172451493569126.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172378005977613.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172360063517595.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172344879750635.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172344507114289.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172316037945771.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172305460434819.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172251527117483.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172199413876453.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172199407856211.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172180037418476.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172180031456580.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172112239150940.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172064316621291.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/172052263162005.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171995030229914.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171842792449497.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171812783063001.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171800542421413.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171747695156638.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171699185417893.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171699179462612.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171687109361511.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171653652953193.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171651699526782.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171609104955850.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171575622112695.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171553885787845.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171466778325349.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171340522612653.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171339657628379.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171282282030854.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171282275775415.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171125022663594.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171108211449556.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171098883971936.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/171009295272073.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170999439863299.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170963097912377.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170962844065706.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170962733711896.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170857914758569.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170853601725088.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170851965548528.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170802864578555.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170790905418462.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170738929881582.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170641951186111.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170630520033366.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170624976535888.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170593295448459.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170559161220446.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170541557769363.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170414964487674.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170318560914973.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170271229933525.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170269978872969.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170197401915893.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170123355648481.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170099375436118.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170093063434807.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/170059765523090.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/169980927714731.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/169980328036487.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/169958664334619.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/169956469824113.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

<img src='/images/169942806756211.jpg' alt='BASF Group Adjusts Outlook for Fiscal Year 2018'>

Ludwigshafen - December 7, 2018 - Based on profit figures for November 2018, BASF expects 2018 EBIT before special items compared to the previous year Will be significantly lower by 15% to 20% (2017 EBIT before special items: 7.645 billion euros). BASF previously predicted that this figure will have a slight decline of less than 10% compared with last year. BASF Group continues to maintain its forecast for a sharp decline in EBIT, while sales are expected to increase slightly within 5%.

The significant decline in EBIT before special items compared to the previous year was mainly caused by the Chemicals business area – in particular the sharp drop in isocyanate prices and cracker margins which were significantly lower than expected. In addition, the fall in the Rhine's water level in the fourth quarter of 2018 is expected to result in a loss of 200 million euros in profits, higher than previously estimated. In the third quarter of 2018, the profit drop caused by the low water level of the Rhine River is expected to be controlled within 50 million euros.

In addition, since the third quarter of 2018, BASF's business related to the automotive industry has continued to decline. In particular, demand from customers in the Chinese region has slowed significantly, partly caused by the trade conflict between the United States and China.

BASF will release its 2018 financial report at 14:00 Beijing time (7:00 German time) on February 26, 2019 (Tuesday), and at 17:30 Beijing time (10:30 German time) and At 21:00 (14:00 German time), the annual press conference and conference call between analysts and investors were held respectively to introduce financial report data.