Having recently posted impressive full-year 2010 results, Germany's Brenntag is at it again, this time unveiling a healthy set of first quarter 2011 figures while also completing a new acquisition in North America and signing up a new principal Brenntag has notched up a first quarter post-tax profit of €66.9m, up significantly on the €2.2m it posted 12 months ago, showing the financial benefit of paying down debts last year. At the same time, sales rose 22.7 per cent year-on-year from €1.7bn to €2.1bn while operating EBITDA grew 17.7 per cent from € 134.3m to € 158.1m.
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