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Brenntag Reports Higher Earnings and Sales

9:58 AM MDT | August 8, 2012 | Ian Young

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, on sales up 15%, to €2.5 billion. Gross profits rose 10% year-on year, to €487 million and operating Ebitda was also up 10%, to €184 million. The improved results were achieved despite more difficult macroeconomic conditions, and partly because of acquisitions completed in 2011, Brenntag says. "Brenntag operates successfully even in the current challenging economic conditions,"...

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