EQS-Ad-hoc: The initial guidance was based on the assumption of continued volume improvements in combination with slightly better Gross Profit per unit development in the second half of 2024, compared to the first half of 2024. Despite the challenging market environment, the company was able to keep its Gross Profit per unit stable in the second quarter compared to the first quarter of 2024 due to various margin initiatives and achieved sequential volume growth. However, the market trends and chemical industry expectations observed in recent months, and particularly in July, indicate that markets will remain highly competitive, with sustained pressure on industrial chemical selling prices. Therefore, The half-year financial report of
Forward-looking statements This communication may contain certain forward-looking statements that are based on the current assumptions and forecasts of Brenntag SE’s management. Various known and unknown risks, uncertainties and other factors may cause the actual results, the financial position, the development or the business performance of the company to differ materially from the estimates given here. These factors include the ones described by
Contact: Telephone: +49 201 6496 2102 Email: thomas.altmann@brenntag.com
End of Inside Information
|
Language: | English |
Company: | |
Messeallee 11 | |
45131 |
|
Phone: | +49 (0) 201 6496 0 |
Fax: | +49 (0) 201 6496 1010 |
E-mail: | ir@brenntag.de |
Internet: | www.brenntag.com |
ISIN: | DE000A1DAHH0 |
WKN: | A1DAHH |
Indices: | DAX |
Listed: | Regulated Market in |
EQS News ID: | 1966293 |
End of Announcement |
|
1966293 12-Aug-