BASF raised its 2026 forecast for earnings before interest, taxes, depreciation and amortization excluding special items on October 28, after reporting higher quarterly sales.

The chemicals group now expects that adjusted measure to reach €7.4 billion–€7.8 billion for the year, compared with its previous €6.9 billion–€7.7 billion range.

Third-quarter sales increased 14% to €16.4 billion, mainly reflecting higher prices. EBITDA before special items rose 15% to €1.6 billion, according to the company’s results release.

Reported performance was weaker. Net income fell to €155 million from €172 million a year earlier, and earnings before interest and taxes were a loss of €98 million, compared with a €232 million profit.

BASF recorded a €318 million impairment in its Monomers division. Special items also included restructuring expenses and a legal-dispute settlement.

Quarterly free cash flow increased to €523 million, while cash flow from operations declined to €1.1 billion. Management left its full-year free-cash-flow forecast unchanged at €1.5 billion–€2.3 billion. Forecasts remain distinct from completed results.

Sources BASF results release, October 28, 2026: https://www.basf.com/global/en/media/news-releases/2026/10/p-26-180