Brenntag : Roadshow feedback - Q2 trends continuing including volume recovery, on-track for FY; CMD: no break-up news but 'different future options' discussion
>Current trading sees Q2 trends continuing, incl. slightly better volumes - We hosted a roadshow with Brenntag's CFO, confirming that trends seen in Q2 and expected for the remainder of the year continued heading into Q3. Sequential volume recovery continued at a slow pace. Specialties volumes in Q2 were stable q-o-q with price declines weighing on EBITA in Q2. In Essentials, sequential volume recovery with GP/unit gradually coming down progressed into Q3, as expecte...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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