German chemicals giant BASF raised its 2026 profit outlook for the second time this year after increasing prices to clients following the outbreak of the ongoing war, AFP reports.
The maker of products ranging from automotive paints to sunscreen ingredients now expects a core profit of 7.4 billion to 7.8bn euros ($8.2 to $8.7bn) this year, up from a previous forecast of 6.9bn to 7.7bn euros.
