BASF Management Discusses Interim Q1 2012 Results - Earnings Call Transcript

BASF (BASFY.PK)

Interim Q1 2012 Earnings Call

April 27, 2012 2:30 AM ET

Executives

Magdalena Moll – Head, IR

Hans-Ulrich Engel – CFO

Manfredo Rubens – President, Finance

Analysts

Thomas Gilbert – UBS

Jeremy Redenius – Sanford Bernstein

Tony Jones – Redburn

Norbert Barth – Baader Bank

Lutz Gruten – Commerzbank

Martin Rodiger – Cheuvreux

Richard Logan – Goldman Sachs

Ronald Kohler – MainFirst

Jaideep Pandya – Berenberg

Annett Weber – BHF Funds

Paul Walsh – Morgan Stanley

Andrew Benson – Citi

Jeffery – HSBC

Peter Clark – Societe Generale

Laurent Favre – Merrill Lynch

Markus Mayer – Kepler

Martin Evans – JPMorgan

Presentation

Operator

Good morning ladies and gentlemen. This is the conference operator. Welcome to the BASF Interim Report First Quarter Results 2012. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation there will be an opportunity to ask questions. (Operator Instructions).

This presentation includes forward looking statements that are subject to risks and uncertainties including those pertaining to the anticipated benefits to be realized from the proposals described herein. This presentation contains a number of forward looking statements including in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation, supply and demand.

BASF has based these forward-looking statements on its views with the respect to future events and financial performance. Actual financial performance of the entities described herein could differ materially from that projected in the forward-looking statements due to inherent uncertainty of estimates, forecasts and projections and financial performance may be better or worse than anticipated.

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