Brenntag SE Updates Profit Forecast Due to Market Challenges
Brenntag SE, a German chemical trading and distribution company, has revised its profit forecast for 2025. The company cited a slowdown in demand and increased price pressure in various end markets as the reasons for the downward revision.
The revised EBITA forecast now ranges from 950 million to 1.05 billion euros, down from the previously expected 1.1-1.3 billion euros. This move follows similar warnings from other companies in the chemical sector, including BASF and Covestro.
The company’s stock price has been affected by the revised forecast, with the share price experiencing a decline. The strong euro is also impacting the company’s profitability, contributing to the cautious outlook.
Key Factors Affecting Brenntag SE’s Performance
- Slowdown in demand
- Increased price pressure in various end markets
- Strong euro affecting profitability
- Market uncertainty driven by US trade threats
Revised EBITA Forecast
- New forecast: 950 million - 1.05 billion euros
- Previous forecast: 1.1-1.3 billion euros