Brenntag SE (OTCPK:BNTGF)
$ 64.55 0.64 (1%) Market Cap: 9.24 Bil Enterprise Value: 9.04 Bil PE Ratio: 15.79 PB Ratio: 2.03 GF Score: 87/100

Q2 2019 Brenntag AG Earnings Call Transcript

Aug 07, 2019 / 12:00PM GMT
Release Date Price: $46.49
Operator

Dear ladies and gentlemen, welcome to the Q2 2019 results call of Brenntag AG. At our customer's request, this conference will be recorded. (Operator Instructions) May I now hand you over to Steven Holland, who will lead you through this conference. Please go ahead, sir.

Steven E. Holland
Brenntag AG - Chairman of Board of Management & CEO

Thank you very much. And welcome, ladies and gentlemen, and thank you for dialing in for our Q2 results. As usual, I'm here with our CFO, Georg Müller. We're happy to answer your questions after the presentation. Having an already pre-released EBITDA in mid-July, we'd like to provide further details in the quarter today. Our operating gross profit rose by 4.1% to EUR 722.9 million. This reflects the organic growth in the business as well as a positive contribution from acquisitions. The operating EBITDA is in line with developments in the first quarter. Our business in food and nutrition had again developed particularly positive in this quarter. We grew the gross profit by a high single-digit percentage.

The

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot