Scienza e Tecnologia
Brenntag reports solid results for the second quarter of 2020
Based on the holistic analysis of the company initiated at the beginning of 2020, "Project Brenntag" was developed as a comprehensive transformation program to set the base for sustainable organic earnings growth. Core elements of the project are Brenntag's operating model, market approach, global site network, and people's potential and leadership. The project has entered the next phase, which consists of validating conclusions and initiatives that have been developed within the past months. Details on "Project Brenntag" will be provided at a Capital Markets Update when the results for the third quarter of 2020 are published in early November this year.
In early April, the company suspended the forecast for the financial year 2020 due to the considerable uncertainty over the future effects of the COVID-19 pandemic. Uncertainty in the global economy remains high and Brenntag cannot rule out a larger impact on its business development. The forecast will be updated as soon as the effects on Brenntag's further business performance in 2020 can be reliably determined.
Find all figures and details for Q2 2020 on Brenntag's corporate website: https://www.brenntag.com
Hubertus Spethmann
Brenntag AG
Corporate Communications
Messeallee 11
45131 Essen
Germany
Telephone: +49 (201) 6496-1732
E-Mail: hubertus.spethmann@brenntag.de
https://www.brenntag.com