Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Brenntag AG (BNTGY)
OTHER OTC:BNTGY
Holding BNTGY?
Track your performance easily
Earnings Data
Report Date
Mar 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.2Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -1.83%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment. While there were positive developments such as revenue growth, cost containment progress, and strategic acquisitions, these were offset by declines in operating EBITDA and earnings per share, as well as challenges in the Brenntag Specialties division. The sale of Raj Petro Specialties also negatively impacted the results.Company Guidance
During the third-quarter earnings call, Brenntag executives provided an updated guidance for the full year 2024, projecting an operating EBITA range between EUR 1.1 billion and EUR 1.2 billion. Despite a challenging market environment with declining chemical selling prices, the company reported a 1% increase in sales to EUR 4.1 billion and a 3% growth in operating gross profit, reaching EUR 1.02 billion. However, operating EBITDA saw a 5% decline, standing at EUR 281 million, while earnings per share dropped to EUR 0.82 from EUR 1.18 in the previous year. The executives emphasized ongoing cost containment measures, estimating savings of EUR 50 million to EUR 60 million for 2024, as part of a broader EUR 300 million cost-out program by 2027. They also highlighted strategic portfolio optimizations, such as the sale of Raj Petro Specialties, and the impact of acquisitions, which contributed EUR 6 million to operating EBITA. Despite geopolitical challenges, the company's gross profit as a percentage of sales improved to 25%, demonstrating effective margin management amid market pressures.Revenue Growth
Sales for Brenntag in the third quarter amounted to EUR 4.1 billion, which is 1% above the prior year period.
Operating Gross Profit Increase
Brenntag grew its operating gross profit by 3% to EUR 1.02 billion.
Cost Containment Measures
Brenntag's cost containment program is on track, targeting savings of around EUR 50 million to EUR 60 million for 2024.
Strategic Acquisitions
Brenntag signed six acquisitions with an enterprise value of around EUR 360 million year-to-date, including Chemical Delta in Mexico and Industrial Chemicals Corporation in North America.
Sustainability Initiatives
Brenntag launched CO2Xplorer, a carbon emissions calculation tool, and started offering 100% sustainably produced caustic soda in the Netherlands and Belgium.
---
BNTGY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
BNTGY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $13.10 | $11.99 | -8.47% |
| Aug 13, 2024 | $13.95 | $14.05 | +0.72% |
| May 14, 2024 | $16.39 | $15.07 | -8.05% |
| Mar 07, 2024 | $18.15 | $17.14 | -5.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Brenntag AG (BNTGY) report earnings?
Brenntag AG (BNTGY) is schdueled to report earning on Mar 12, 2025, TBA Not Confirmed.
What is Brenntag AG (BNTGY) earnings time?
Brenntag AG (BNTGY) earnings time is at Mar 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BNTGY EPS forecast?
Currently, no data Available
---