Brenntag : Q2 preview – Q1 trends continuing, on track for FY guidance range; pressure on management remains – will it result in another cost-savings program?
>Expect Q1 trends to have continued in Q2, i.e. essentials holding up better than specialties against record-high comparison base in Q2 2022 - We expect the upcoming Q2 results, due 9 August, to largely confirm the trends seen in Q1 2023 when 5% y-o-y growth in essentials to € 224m outpaced the 26% y-o-y drop in specialties EBITA to € 153m, resulting in overall group operating EBITA declining by 12.5% y-o-y to € 345m. We expect a slight sequential volume recovery only...Brenntag is a chemical distributor. Co. provides its customers and suppliers a range of services and global supply chain management as well as a chemical distribution network in Europe, North and Latin America as well as in the Asia Pacific region. Co. manages its business through its regionally structured segments in Europe, North America, Latin America and Asia Pacific. Co. provides a range of products as well as services such as just-in-time delivery, product mixing, blending, repackaging, inventory management, drum return handling as well as technical and laboratory services for specialty chemicals.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.