BASF Group outlook for 2024:
The assumptions regarding the global economic environment in 2024 from the BASF Report 2023 remain unchanged:
Growth in gross domestic product: +2.3% Growth in industrial production: +2.2% Growth in chemical production: +2.7% Average euro/dollar exchange rate of $1.10 per euro Average annual oil price (Brent crude) of $80 per barrel
The BASF Group’s forecast for the 2024 business year published in the BASF Report 2023 also remains unchanged:
EBITDA before special items of between €8.0 billion and €8.6 billion Free cash flow of between €0.1 billion and €0.6 billion CO2 emissions of between 16.7 million metric tons and 17.7 million metric tons