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Added to YB: 2026-08-17

Pitch date: 2026-08-13

BNR.DE [neutral]

Brenntag SE

+0.59%

current return

Author Info

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Company Info

Brenntag SE distributes chemicals and ingredients in Germany, the United States, the United Kingdom, China, Canada, Italy, Poland, France, and internationally.

Market Cap

EUR 8.9B

Pitch Price

EUR 61.02

Price Target

N/A

Dividend

3.10%

EV/EBITDA

9.96

P/E

24.38

EV/Sales

0.79

Sector

Trading Companies and Distributors

Category

turnaround

Show full summary:
Brenntag (BNR Germany): Essentials rebounds sharply as cost savings gather pace

BNR.DE (update): Q2 op EBITDA €463m vs €306m Q1, beat prelim. Essentials +47% FX-adj (€362m), Specialties +18% (€130m); gross profit +23% on pricing/volumes in NA & EMEA. Raised FY26 guide twice to €1.35-1.45bn. €41m Q2 savings, targets €150m run-rate by YE. Guide implies softer H2 (~€644m) on demand caution.

Read full article (2 min)