Brenntag rises as strong Q3 start prompts another profit guidance hike
BUZZ-Brenntag rises as strong Q3 start prompts another profit guidance hike ** Shares in Brenntag BNRGn.DE rise around 2% after the German chemicals distributor hiked its FY operating EBITDA guidance in less than seven weeks, due to a strong start to the third quarter
** Brenntag now expects FY operating EBITDA of €1.35 billion to €1.45 billion ($1.56-$1.67 billion) for 2026, up from the €1.25 billion and €1.40 billion range it set in late June
** Jefferies says the guidance upgrade should support the shares
** The stock is among the best performers of Germany's blue-chip index .GDAXI
($1 = 0.8681 euros)
(Reporting by Ozan Ergenay)
((((ozan.ergenay@thomsonreuters.com)0))
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