Brenntag has announced preliminary results for the second quarter that it says exceed expectations. The company says that sales, operating gross proft, operating EBITDA, and earnings per share (EPS) for the second quarter “are mostly well above capital market expectations, calculated as the average of the most recent analyst estimates, which were published by Infront today.” Preliminary sales for the second quarter are about €2.8 billion ($3.2 billion). On a constant currency basis, this represents a decline of 12.9% year on year (YOY).
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