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Chemical Week Magazine :: Newsbriefs
Europe, North America boost Brenntagâ€™s earnings
7:22 AM MDT | May 9, 2014
Brenntag has posted a 3% increase in profit after tax for the first quarter, to â‚¬72 million ($100 million), on sales down slightly, to â‚¬2.42 billion. Gross profit increased 1% year-on-year (YOY), to â‚¬484 million, and operating Ebitda decreased slightly, to â‚¬164 million. Brenntagâ€™s operating Ebitda in Europe, the companyâ€™s biggest market, increased almost 10% YOY in the first quarter, to â‚¬83 million, on sales up 2%, to â‚¬1.20 billion. Operating Ebitda in North America decreased 2% YOY, to â‚¬68 million, on sales up 2%, to â‚¬772 million. Results...
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