Oct 2 (Reuters) – BASF SE: * BASF SE – CFO: PLANNING FURTHER MONETIZATION OF OIL AND GAS, PROCEEDS FROM THE SALE OF HARBOUR ENERGY SHARES OVER TIME- CAPITAL MARKETS UPDATE * BASF SE – CFO: SMALL AND MEDIUM-SIZED ACQUISITIONS ARE AN OPTION, BUT NOTHING IS IMMINENT * BASF SE – CEO: VERY CONFIDENT ABOUT THE RECOVERY OF THE CHINESE MARKET * BASF SE – CEO: EXPECT UNCHANGED ADJUSTED EBITDA OF EUR 1.0 TO 1.2 BILLION FROM THE NEW VERBUND SITE IN ZHANJIANG IN 2030 * BASF SE – CEO: HAVE PROBLEMS IN THE CORE PORTFOLIO, ESPECIALLY WITH BUTANEDIOL, UPSTREAM POLYAMIDE, PLASTIC ADDITIVES AND VITAMINS. MEASURES IN THERE ARE TO ACHIEVE A PROFIT INCREASE OF 400 MILLION EUROS BY 2028 * BASF SE – CEO: HAVE REDUCED THE NUMBER OF EXECUTIVE POSITIONS BY 10% AND THE NUMBER OF EMPLOYEES BY 3000 SINCE 2024 * BASF SE – CEO: WE DO NOT EXPECT TOO MUCH MARKET GROWTH IN 2026; THE FOCUS IS ON OUR OWN EFFICIENCY IMPROVEMENT MEASURES * BASF SE – CEO: MOST OF OUR ASSETS WE HAVE IN EUROPE ARE COMPETITIVE AGAINST IMPORTS FROM CHINA * BASF SE – CFO: OVERALL FOR Q3 DON'T EXPECT A SIGNIFICANT SHORTFALL BUT DON'T EXPECT A RECOVERY * BASF SE – CFO: VERY CONFIDENT THAT AGRICULTURE BUSINESS WILL ACHIEVE THE TARGETS PLANNED AT THE BEGINNING OF THE YEAR Source text: Further company coverage: (Gdansk Newsroom)
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