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Brenntag AG Adjusts Its Outlook For Full Year 2019


Tuesday, 16 Jul 2019 

July 16 (Reuters) - Brenntag AG ::ADJUSTS ITS OUTLOOK FOR FULL YEAR 2019.OPERATING GROSS PROFIT IN Q2 OF 2019 AMOUNTED TO ABOUT EUR 723 MILLION (PREVIOUS YEAR: EUR 677.0 MILLION).OPERATING EBITDA AMOUNTED TO ABOUT EUR 266 MILLION (PREVIOUS YEAR: EUR 231.3 MILLION).THERE WAS A NOTICEABLE SLOWDOWN IN DEMAND IN JUNE AND A CORRESPONDING IMPACT ON EARNINGS.BRENNTAG NOW EXPECTS OPERATING EBITDA TO GROW BY 0% TO 4% (PREVIOUSLY 3% TO 7%).