FONT-SIZE Plus   Neg

Brenntag 2011 Profit Up - Quick Facts

Brenntag AG (BNTGF.PK) reported higher profit after tax of 279.3 million euros in 2011 compared with 146.6 million euros last year. Profit attributable to Brenntag shareholders amounted to 277.4 million euros, versus 143.6 million euros in 2010, with full-year earnings per share climbing to 5.39 euros from 2.93 euros a year ago.

Profit before tax in 2011 grew significantly to 419.5 million euros from prior year's 231.8 million euros, based on the strong operational development and supported by a significant decline in customer base amortization.

Sales for the full year were up 15.4% on constant exchange rates, and up 13.5% on a reported basis, to 8.68 billion euros from 7.65 billion euros in 2010, helped by higher selling prices and stronger volumes, partly due to acquisitions.

Anticipating a slower but nevertheless growing world economy and the continuation of the positive trends in the chemical distribution industry, excluding exchange rate effects Brenntag sees a continued positive earnings development in 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several... Flying is the passion for British aviatrix Tracey Curtis Taylor, and she is now on a solo flight to cross three continents and 23 countries in her own vintage open cockpit biplane. She has already crossed half of her journey from U.K. to Australia with a target to cover 13 thousand miles.
comments powered by Disqus
Follow RTT