BASF SE 1Q 2015 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for BASF SE (BAS.XE) first-quarter results, based on a poll of 11 analysts conducted by Dow Jones Newswires (figures in million euros, EPS, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released April 30.

=== 
                                     EBIT bef. 
1st Quarter        Sales  EBITDA special items   EBIT    PBT 
AVERAGE           19,317   2,702         2,016  1,906  1,756 
Prev. Year        19,512   2,951         2,112  2,221  2,038 
+/- in %            -1.0    -8.4          -4.6    -14    -14 
 
MEDIAN            19,168   2,701         2,007  1,905  1,734 
Maximum           20,126   2,759         2,124  1,967  1,900 
Minimum           18,790   2,648         1,908  1,832  1,654 
Amount                 9       4            10      5      4 
 
Bankhaus Lampe    19,317      --         1,990  1,875     -- 
Barclays              --      --         1,962     --     -- 
BoA-Merrill Lynch 18,969   2,706         1,908  1,832  1,685 
Citi                  --   2,759            --     --     -- 
Commerzbank       18,796   2,648         1,909     --  1,654 
Credit Suisse     18,790      --         1,984     --     -- 
Deutsche Bank     20,126      --         2,075  1,950     -- 
Kepler Cheuvreux  18,960      --         2,023     --     -- 
Morgan Stanley    19,908      --         2,124     --  1,900 
UBS               19,822   2,696         2,086  1,905  1,783 
Warburg Research  19,168      --         2,097  1,967     -- 
 
 
              Net attrib. 
1st Quarter        profit      EPS 
AVERAGE             1,259     1.35 
Prev. Year          1,464     1.59 
+/- in %              -14      -15 
 
MEDIAN              1,267     1.38 
Maximum             1,405     1.44 
Minimum             1,138     1.24 
Amount                  7        5 
 
Bankhaus Lampe      1,247       -- 
BoA-Merrill Lynch   1,151     1.25 
Citi                   --       -- 
Commerzbank         1,138     1.24 
Deutsche Bank       1,284       -- 
Kepler Cheuvreux    1,405       -- 
Morgan Stanley         --     1.44 
UBS                 1,267     1.38 
Warburg Research    1,321     1.44 
 
 
              Target price  Rating                  DPS 2015 
AVERAGE              85.06  positive 3      AVERAGE     2.94 
Prev. Quarter        79.35  neutral  4      Prev. Year  2.80 
+/- in %              +7.2  negative 3      +/- in %    +5.1 
 
MEDIAN               85.00                  MEDIAN      2.90 
Maximum             101.00                  Maximum     3.10 
Minimum              60.00                  Minimum     2.80 
Amount                   9                  Amount         7 
 
Bankhaus Lampe       98.00  Hold                        2.90 
Barclays            101.00  Overweight                  3.00 
BoA-Merrill Lynch    77.00  Underperform                2.80 
Commerzbank          85.00  Hold                        2.90 
Credit Suisse        72.00  Underperform                  -- 
Deutsche Bank        97.00  Buy                         3.10 
Kepler Cheuvreux     60.00  Reduce                      2.90 
Morgan Stanley          --  Overweight                    -- 
UBS                  84.00  Neutral                       -- 
Warburg Research     91.50  Hold                        3.00 
=== 

Year-earlier figures are as restated by the company.

DJG/voi 

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