Brenntag Reports Higher Earnings and Sales

Brenntag reported a 20% increase in profit after tax for the second quarter of 2012 compared with the corresponding period of last year, to €81 million ($101 million), on sales up 15%, to €2.5 billion. Operating Ebitda was up 10%, to €184 million. The improved results were achieved despite challenging macroeconomic conditions, and partly because of acquisitions completed in 2011, Brenntag says. “A balance of organic growth, including efficiency gains, and acquisitions have placed our group in a strong position to weather the current worldwide economic...

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