Brenntag Q1 Operating Ebita 259.7 Mln Eur Vs 345.1 Mln Eur Yr Ago
May 14 (Reuters) -Brenntag SE BNRGn.DE:
Q1 OPERATING EBITA 259.7 MILLION EUR VERSUS 345.1 MILLION EUR YR AGO
EXPECTS TO BENEFIT FROM THE ONGOING SEQUENTIAL VOLUME RECOVERY IN 2024 AND IMPROVING MARKET CONDITIONS IN H2 2024
GUIDANCE FOR GROUP’S OPERATING EBITA FOR 2024 IS SPECIFIED TO BE AT THE LOWER END OF THE RANGE OF THE GUIDANCE GIVEN IN MARCH OF EUR 1,230 MILLION TO EUR 1,430 MILLION
Q1 SALES 4.00 BILLION EUR VERSUS 4.53 BILLION EUROS YEAR AGO
EXPECTS THE OVERALL GEOPOLITICAL, MACROECONOMIC, AND OPERATIONAL CONDITIONS TO REMAIN CHALLENGING IN 2024
IS CAUTIOUSLY OPTIMISTIC THAT MARKET CONDITIONS WILL IMPROVE THROUGHOUT 2024, WITH THE FIRST HALF OF THE YEAR BEING MORE CHALLENGING THAN THE SECOND
ASSUMES THAT THE SEQUENTIAL RECOVERY OF VOLUMES EXPERIENCED THROUGHOUT 2023 AND WHICH WAS ALSO OBSERVED IN Q1 2024 WILL CONTINUE IN THE FOLLOWING QUARTERS
Source text for Eikon: https://tinyurl.com/4vhjaemh
Further company coverage: BNRGn.DE
(Gdansk Newsroom)
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