Brenntag (BNTGF.PK), a German chemical maker and distributer, reported that its profit attributable to shareholders for financial year 2024 declined to 536.2 million euros or 3.71 euros per share from 714.9 million euros or 4.73 euros per share in the prior year.
Operating EBITA came to 1.102 billion euros in financial year 2024, a decrease of 12.9%. On a constant currency basis, this represents a decline in earnings of 12.5% compared with the prior-year figure. This significant decline in earnings stemmed from both divisions in financial year 2024 and in both divisions was driven by the fall in operating gross profit per unit in combination with cost increases.
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