Brenntag Q3 Report 2023

The Brenntag Group generated sales of EUR 4,088.3 million in the third quarter of 2023, a year-on-year decline of 19.8%. On a constant currency basis, sales fell by 15.4%. The decline was due mainly to lower sales prices, but also to falling volumes.

The Brenntag Group’s operating gross profit came to EUR 1,000.6 million in the third quarter of 2023, a year-on-year decline of 9.5%. On a constant currency basis, operating gross profit was down by 4.3% on the prior-year figure. Both divisions recorded volume-related declines in earnings in particular.

The Brenntag Group achieved operating EBITDA of EUR 380.9 million in the third quarter of 2023, a year-on-year decline of 17.1%, or 11.5% on a constant currency basis.