NACHBÖRSE/XDAX -0.1% at 17,716 Pkt

DJ NACHBÖRSE/XDAX -0.1% on 17,716 Pkt – Brenntag-Aktie unter Druck

FRANKFURT (Dow Jones) — Brenntag’s move could begin to improve the company’s trading performance under pressure. The company has set a forecast for the 2024 business year. Those working in the chemical companies have an operating EBITA in a range of 1.10 to 1.20 billion euros. Before the war ends, 1.23 and 1.43 billion euros will be spent. Despite a deteriorating market climate, the DAX company was in the low, the merger control in the second quarter was supported by various margin initiatives to stabilize the first quarter of 2024, and a sequential improvement in the allocation of margins was achieved.

In the month of July, market trends and analyses of the chemical industry are carried out, while one of the laws of the industry has a high intensity, with strong pressure on the sales of industrial chemicals. If you Brenntag in the two years no longer with a connection of the Rohertrags pro Mixgeneinheit, then with a stable Development in the group. It was a fact that the second half of the years 2024 was a lower consecutive display of the Absatzmenging as one of the following events. Brenntag achieved an operating EBITA of 297 (previous: 332) million euros in the quarter of 2024. Under the observation of the first quarters of 2024, operating EBITA of 260 million euros lies the half-yearly performance of approx. 557 (previous year: 677) million euros. The promotion lasts 6 percent taxed at Lang & Schwarz.

=== 
XDAX*    DAX     Veränderung 
22.15 Uhr  17.30 Uhr 
 
17.716    17.726    -0,1% 
=== 

*Der XDAX-bildet de Entwicklung des sensbereinigten DAX-Futures ab.

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(END) Dow Jones Newswires

August 12, 2024 4:31 PM ET (8:31 PM GMT)

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