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Brenntag Q2 Profit Drops

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Brenntag (BNTGF.PK), a German chemical maker and distributer, reported that its second quarter profit attributable to its shareholders dropped to 42.9 million euros from last year's 149.1 million euros, with earnings per share declining to 0.30 euros from 1.03 euros in the prior year. The decline was largely driven by special items and impairments on goodwill and other intangible assets in the Essentials business, particularly in Latin America.

Sales for the quarter were 3.869 billion euros down from 4.176 billion euros in the previous year.

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