Brenntag sales slide on declining demand due to COVID-19, earnings relatively stable

MOSCOW (MRC) -- Brenntag, the worldwide market leader in chemical and ingredients distribution, reports a 1.9% year-on-year (YOY) decrease in second-quarter net profit to EUR123.0 million (USD145.1 million) on sales of EUR2.8 billion, down 13.4%, mainly attributable to declining demand due to the COVID-19 pandemic. Operating gross profit slipped 1.0% YOY to EUR715.9 million and operating

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