Overview
- Third‑quarter revenue fell 3.2% year over year to €15.23 billion, or 3.3% to €14.33 billion when excluding the sold coatings business.
- Adjusted EBITDA declined to €1.54 billion including the sold unit and to €1.43 billion on a comparable basis, reflecting softer operating performance.
- CEO Markus Kamieth said customer purchasing remained restrained across nearly all industries and regions in the quarter.
- Full‑year 2025 profit guidance was lowered to €6.7–7.1 billion from a prior €7.3–7.7 billion that had included the coatings division, after nearly €7.9 billion last year.
- BASF closed the sale of its Brazilian architectural coatings business to Sherwin‑Williams for $1.15 billion and named Carlyle as buyer for its coatings division, retaining 40% and expecting about €5.8 billion in pre‑tax cash proceeds.