BASF SE 2Q 2015 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for BASF SE (BAS.XE) second-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 July 24.

=== 
                                                   Net 
                                     EBIT bef.  attrib. 
2nd Quarter       Sales  EBITDA  special items  profit   EPS 
AVERAGE          18,623   2,902          2,102   1,363  1.51 
Prev. Year       18,455   2,705          2,012   1,259  1.37 
+/- in %           +0.9    +7.3           +4.5    +8.3   +10 
 
MEDIAN           18,527   2,927          2,063   1,353  1.47 
Maximum          19,623   2,984          2,269   1,473  1.67 
Minimum          18,043   2,770          1,986   1,290  1.42 
Amount(a)            10       4             10       6     7 
 
Baader-Helvea    18,506   2,944          2,070   1,332  1.45 
Bankhaus Lampe   18,467      --          1,986   1,290    -- 
Citi                 --   2,770             --      --  1.42 
Credit Suisse    18,357      --          2,153      --  1.67 
Deutsche Bank    18,547      --          2,269   1,473    -- 
HSBC             19,623   2,984          2,031      --  1.61 
Independent Res. 18,820      --          2,040      --    -- 
Kepler Cheuvreux 18,760      --          2,054   1,378    -- 
Morgan Stanley   18,740      --          2,197      --  1.46 
Warburg Research 18,043      --          2,163   1,350  1.47 
 
 
                Target price  Rating                DPS 2015 
AVERAGE                85.62  positive 2    AVERAGE     2.93 
Prev. Quarter          85.06  neutral  5    Prev. Year  2.80 
+/- in %                +0.7  negative 3    +/- in %    +4.5 
 
MEDIAN                 85.00                MEDIAN      2.90 
Maximum               100.00                Maximum     3.00 
Minimum                75.00                Minimum     2.90 
Amount                     9                Amount         4 
 
Baader-Helvea          75.00  Sell                        -- 
Bankhaus Lampe         78.00  Hold                      2.90 
Commerzbank            85.00  Hold                        -- 
Credit Suisse          77.00  Underperform                -- 
Deutsche Bank         100.00  Buy                         -- 
HSBC                   99.00  Buy                         -- 
Independent Research   88.00  Hold                      2.90 
Kepler Cheuvreux       75.00  Reduce                    2.90 
Morgan Stanley            --  Equalweight                 -- 
Warburg Research       93.60  Hold                      3.00 
=== 

Year-earlier figures are as restated by the company.

(a) Including anonymous estimates from one more analyst.

DJG/voi 

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