Services :: Distribution
Brenntag Reports Higher Earnings and Sales
4:07 AM MST | February 21, 2012 | Ian Young
Brenntag reported a more than 90% increase in 2011 profits after tax, to €279 million on sales up 13.5%, to €8.7 billion. Earnings per share increased 84%, to €5.39. Gross profit increased 8%, to €1.8 billion and operating Ebitda grew 10%, to €661 million. The results are based on "preliminary, unaudited numbers," Brenntag says. Fourth-quarter figures were not disclosed. Higher earnings and sales were driven by organic growth, increased efficiencies, and an improved financing mix--following a refinancing in July 2011--and the...
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