Issue 5/2019 - Chemical giants at a glance

BASF's sales in 2018 were €62.
7 billion, up 2 percent
year-on-year.
EBIT before special items fell to €6.
4 billion, down 17 percent year-on-year, of which around two-thirds of the decline in profit was due to
the Chemicals segment.
BASF's target for 2019 is profitable growth, and the decisive factors for achieving this target are the overall improvement in business performance and solid customer demand
.
Performance is expected to be relatively weak in the first two quarters of 2019; The results of the Strategic Excellence Project will be shown for the first time in the second half of the year; Volume growth and product mix effects in 2019 will slightly boost full-year sales, and EBIT before special items will be slightly higher than in 2018
.


Honeywell achieved 6% organic sales growth in the fourth quarter and full year, reaching $9.
7 billion and $41.
8 billion, respectively; Segment margin increased 80 and 60 basis points to 20.
1% and 19.
6%,
respectively, in the fourth quarter and full year, respectively.
It is expected that the company will achieve endogenous sales growth of 2%~5% in 2019, achieving 36 billion ~ 36.
9 billion US dollars, and the segment profit margin will reach 20.
7%~21.
0%.



BP earned a basic replacement cost profit of $12.
7 billion in 2018, doubling from $6.
2 billion in 2017 and exceeding market expectations
, driven by higher oil prices and positive foreign exchange.
Total revenue for the fourth quarter of fiscal 2018 was $76,885 million and net income attributable to shareholders was $766 million
.
Total revenue for fiscal 2018 was US$303.
738 billion, and net profit attributable to shareholders of the Company was US$9.
383 billion
.