Brenntag SE (WBO:BNR)
€ 61.16 -0.1 (-0.16%) Market Cap: 8.80 Bil Enterprise Value: 8.61 Bil PE Ratio: 16.25 PB Ratio: 2.01 GF Score: 84/100
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Q1 2019 Brenntag AG Earnings Call Transcript

May 09, 2019 / 12:00PM GMT
Release Date Price: €44.61 (-4.45%)
Operator

Dear ladies and gentlemen, welcome to the Q1 2019 Results Call of Brenntag AG. At our customers' request, this conference will be recorded. (Operator Instructions)

May I now hand you over to Steve Holland, who will lead you through this conference. Please go ahead, sir.

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

Well, thank you very much, and welcome, ladies and gentlemen. Thank you for dialing in. We're actually speaking in a slightly different room today because we're having some feedback problems on our last call. So if you're having any difficulties hearing us, we'd be very grateful if you'd let our Investor Relations people know after the call. That would be very helpful.

So I'm here today with Georg Müller, CFO. As always, we're happy to answer your questions after the presentation. Let's start with the highlights for the quarter. Operating gross profit rose by 4.4% to EUR 688 million. This reflects an organic growth in our business towards positive contribution from acquisitions. The operating EBITDA

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