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Brenntag's earnings, sales edge higher in tough market conditions

8:58 AM MDT | March 19, 2014 | Ian Young

Brenntag has posted a slight increase in 2013 profit after tax, to €339 million, on sales almost 1% higher, at €9.8 billion. Gross profit increased 1% last year, to €1.94 billion, and operating Ebitda slipped by 1%, to €698 million. Fourth -quarter figures have not been disclosed. The results represent a sound development despite a challenging macroeconomic situation, Brenntag says. "As expected, 2013 proved to be a dynamic business environment with a number of challenges in both developed and emerging markets throughout the world,"...

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