Financial News

Brenntag Gets Volume and Gross Profit Boost in Q3 2024

The quarter's $4.2 billion in sales are ‘on par’ with the previous year quarter, officials said.

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By: Lianna Albrizio

Associate Editor

Brenntag, a global market leader in chemicals and ingredients distribution, reached sales of $4.2 billion in Q3 2024, which officials say is on par with the previous year’s quarter, +0.7%. Despite stable sales, Brenntag’s operating gross profit came in at 1.06 billion, 3.2% above Q3 2023, proving the effectiveness of the pricing measures in both divisions. Operating EBITA decreased by 4.9% year-on-year and stood at $298 million. On a year-on-year comparison, the higher volumes could again ove...

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