- Brenntag anticipates its 2024 operating Ebita to range between EU1.23 billion and EU1.43 billion, compared to an estimated EU1.31 billion.
- The company’s 2023 operating Ebitda was EU1.58 billion, slightly below the estimated EU1.59 billion.
- The operating gross profit for the year 2023 was EU4.04 billion, marking a decrease of 6.4% year on year (y/y). The estimated figure was EU4.07 billion.
- Profit after tax in 2023 was EU721.1 million, which is a 20% decrease y/y. The estimated profit was EU749 million.
- The dividend per share increased from EU2 to EU2.10 y/y.
- Sales for the year 2023 were EU16.82 billion, a decline of 13% y/y. The estimated sales figure was EU17.16 billion.
- Revenue from Essentials in 2023 was EU9.31 billion, compared to an estimated EU9.55 billion.
- Revenue from Specialties in 2023 was EU6.98 billion, compared to an estimated EU7.23 billion.
- Brenntag expects the sequential recovery in volumes experienced in 2023 to continue in 2024.
- Analyst recommendations for Brenntag shares are divided: 12 buys, 7 holds, and 4 sells.
A look at Brenntag AG Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma’s Smart Scores, Brenntag AG has a promising long-term outlook. With a score of 4 for growth and 5 for momentum, the company is expected to see strong growth and positive momentum in the future. Brenntag AG sells and distributes industrial and specialty chemicals, as well as offers analysis services. Its customers come from various industries such as oil and gas, paint, cosmetics, pharmaceuticals, and water treatment, indicating a diverse and stable customer base.
While the company scores lower in value and resilience with scores of 2 and 3 respectively, this does not necessarily indicate a negative outlook. It simply means that Brenntag AG may not be undervalued and may not be as resilient as other companies in the same industry. However, with a solid growth and momentum score, the company is likely to continue to see success in the long-term. Additionally, with a dividend score of 3, Brenntag AG also offers stable returns for its shareholders. Overall, the Smartkarma Smart Scores suggest that Brenntag AG is a strong and promising company with a bright future ahead.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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