World News and Views :: Top of the News
Brenntag Posts Higher Profits and Sales
4:59 AM MDT | May 11, 2011 | Ian Young
Brenntag posted a 15% increase in first-quarter 2011 gross profit compared with the same period of 2010, to €434 million on sales up 23%, to €2.1 billion. Ebitda increased 18% year on year, to €158 million. Profit after tax soared to €67 million from €2 million, due mainly to decreased finance costs after redemption of debt last year and significantly lower amortization. The improvement was driven by organic growth, efficient cost structures, and the first-time contribution of Asian business EAC Industrial Ingredients, which Brenntag...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee