Brenntag : Q3 op. EBITDA in line, outlook at 'upper end of confirmed range' in-line with cons, expect CMD tomorrow to also address reversal fears
>Q3 op. EBITDA was up 22% y-o-y adj. for FX to € 460m, in line with cons/ODDO - Q3 op. EBITDA was up 22% y-o-y adj. for FX to € 460m, in line with cons/ODDO BHF (€ 453m/€ 457m) op. EBITDA of € 460m was in line with expectations, reporting a 22% FX adj. growth fuelled by both segments, operationally even better than expected but contained by 'other'. Q3 op. EBITDA is in line with consensus of € 453m. Q3 declined sequentially compared to Q2 2022, which reported € 534m o...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.
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