Brenntag cuts core profit guidance for 2025
13/08/2025 06:09
Corrects to say outlook was confirmed, not raised, and clarifies the outlook cut happened earlier Aug 13 (Reuters) - German chemicals distributor Brenntag BNRGn.DE on Wednesday confirmed the annual core profit guidance it had lowered in July due to economic uncertainty and global tariff discussions. The group expects operating earnings before interest, taxes and amortisation (EBITA) of 950 million to 1.05 billion euros ($1.11 billion to $1.23 billion) in 2025, compared to 1.1 billion euros a year earlier. ($1 = 0.8559 euros) (Reporting by Ozan Ergenay in Gdansk, editing by Milla Nissi-Prussak) ((Ozan.Ergenay@thomsonreuters.com;))