Full-Year 2019 Reporting on February 28, 2020
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Your Investor Relations Team
Latest Publication
BASF Group: EBIT before special items declines despite better development in all downstream segments
- Sales of €59.3 billion (minus 2 percent)
- EBIT before special items of €4.5 billion (minus 28 percent), due mainly to lower earnings in Chemicals and Materials
- Cash flows from operating activities of €7.5 billion (minus 6 percent), free cash flow of €3.7 billion
- Proposed dividend of €3.30 for 2019 business year (2018: €3.20)
- Fourth quarter 2019: slight decline in sales (minus 2 percent) and significant increase in EBIT before special items (plus 23 percent)
Outlook 2020:
- Sales growth to between €60 billion and €63 billion
- EBIT before special items of between €4.2 billion and €4.8 billion
BASF on the capital market
Proposed dividend of €3.30 per share
At the Annual Shareholders’ Meeting, the Board of Executive Directors and the Supervisory Board will propose a dividend payment of €3.30 per share. We stand by our ambitious dividend policy of increasing our per-share dividend each year and plan to pay out €3.0 billion to our shareholders.
Based on the year-end share price for 2019, BASF shares offer a high dividend yield of around 4.9%. BASF is part of the DivDAX share index, which contains the 15 companies with the highest dividend yield in the DAX 30.
Broad base of international shareholders
With over 600,000 shareholders, BASF is one of the largest publicly owned companies with a high free float. An analysis of the shareholder structure carried out at the end of 2019 showed that, at around 21% of share capital, the United States and Canada made up the largest regional group of institutional investors. Institutional investors from Germany accounted for around 12%. Shareholders from the United Kingdom and Ireland hold 9% of BASF shares, while investors from the rest of Europe hold a further 15% of capital. Approximately 33% of the company’s share capital is held by private investors, nearly all of whom reside in Germany. BASF is therefore one of the DAX 30 companies with the largest percentage of private shareholders.
