BASF SE / Key word(s): Quarter Results 11.10.2016 19:04 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- BASF: Earnings in the third quarter 2016 above analysts' estimates - Company publishes preliminary figures for the third quarter of 2016 - Sales EUR14.0 billion (minus 19.6% compared with the previous year's quarter) - Income from operations (EBIT) before special items EUR1.5 billion (minus 5.4% compared with the previous year's quarter) - EBIT EUR1.5 billion (minus 22.5% compared with the previous year's quarter) Outlook 2016 confirmed: - Considerable sales decline due to divestiture of gas trading business - EBIT before special items expected at level slightly below 2015 Ludwigshafen, Germany - October 11, 2016 - BASF is releasing preliminary figures for its business development in the third quarter of 2016. Sales are EUR14.0 billion (third quarter 2015: EUR17.4 billion). Income from operations (EBIT) before special items in the third quarter of 2016 is EUR1.5 billion (third quarter 2015: EUR1.6 billion) and EBIT is EUR1.5 billion (third quarter 2015: EUR1.9 billion). Preliminary third-quarter earnings of BASF Group and all segments are higher than average analysts' estimates. The decrease in sales and earnings compared with the prior third quarter is mainly a result of the divestiture of the natural gas trading activities on September 30, 2015. Earnings in the Performance Products, Functional Materials & Solutions and Agricultural Solutions segments are considerably higher than in the prior year quarter. BASF confirms its outlook for the full year 2016: Sales will decline considerably due to the divestiture of the gas trading business; the company continues to expect EBIT before special items to be slightly below the level of 2015. For sales, "considerable" represents a change of 6% and higher; for earnings, "slight" means a change of up to 10%. BASF will give a comprehensive overview of the third quarter 2016 including the complete earnings figures in its fall telephone conference on Thursday, October 27, 2016. Current analysts' estimates for BASF can be found at: basf.com/analysts- estimates. Contacts: Media Relations Jennifer Moore-Braun Phone: +49 621 60-99123 [email protected] Investor Relations Dr. Stefanie Wettberg Phone: +49 621 60-48002 [email protected] 11.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: BASF SE Carl-Bosch-Straße 38 67056 Ludwigshafen Germany Phone: +49 (0)621 60-0 Fax: +49 (0)621 60-4 25 25 E-mail: [email protected] Internet: www.basf.com ISIN: DE000BASF111, DE000A0JRFB0, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0JRFA2, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0JQF26, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0EUB86, Frankfurter Wertpapierbörse, DE0008846718, Frankfurter Wertpapierbörse, DE000A0XFK16, Börse Luxemburg, Frankfurter Wertpapierbörse, XS0420401779, Börse Luxemburg, XS0412154378, Börse Luxemburg, Frankfurter Börse, DE000A0T4DU7,Börse Luxemburg, Frankfurter Börse, CH0039943292, Swiss Exchange (SWX), CH0039943383, Swiss Exchange (SWX), DE000A0TKBM, Börse Luxemburg, Frankfurter Börse, XS0414672070, Börse Luxemburg, , WKN: BASF11, WKN A0JRFB, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0JRFA, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0JQF2, Börse Dublin, Frankfurter Wertpapierbörse, , WKN A0EUB8, Frankfurter Wertpapierbörse, , WKN 884671, Frankfurter Wertpapierbörse, , WKN A0XFK1, Börse Luxemburg, Frankfurter Wertpapierbörse, , WKN A0XFHJ, Börse Luxemburg, , WKN A0T6EG, Börse Luxemburg, Frankfurter Wertpapierbörse, , WKN A0T4DU, Börse Luxemburg, Frankfurter Wertpapierbörse, , WKN 3994329, Swiss Exchange (SWX), , WKN 3994338, Swiss Exchange (SWX), , WKN A0TKBM, Börse Luxemburg, Frankfurter Wertpapierbörse, , WKN A0T65R, Börse Luxemburg, Indices: DAX, EURO STOXX 50 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; London, SIX End of Announcement DGAP News-Service ---------------------------------------------------------------------------