- Preliminary operating EBITA for 2025 is EUR 929 million, down 12.6%.
- Free cash flow increased by 5.4% to EUR 941 million.
- Dividend proposal is EUR 1.90 per share, a 10% reduction.
- 2026 operating EBITDA expected between EUR 1,150-1,350 million.
Financial Performance
Brenntag SE reported a preliminary operating gross profit of EUR 3.8 billion for 2025, a decrease of 1.9%. Operating EBITA was EUR 929 million, down 12.6%, slightly below the adjusted guidance. Sales reached EUR 15.2 billion, a decline of 3.7%.
Cash Flow and Dividend
Preliminary free cash flow increased by 5.4% to EUR 941 million, highlighting the company's strong cash generation capabilities. Brenntag proposed a dividend of EUR 1.90 per share, a 10% reduction from the previous year, exceeding the dividend policy range due to extraordinary write-off effects.
Earnings and Impairments
Earnings per share are expected to be EUR 1.83, impacted by non-cash impairments and special items. Adjusted EPS, considering these factors, would be EUR 3.55. The impairments and special items totaled EUR 248 million.
Outlook for 2026
For 2026, Brenntag anticipates operating EBITDA between EUR 1,150 million and EUR 1,350 million. The company remains focused on cost discipline, cash generation, and organizational simplification amid subdued market conditions. The guidance excludes potential impacts from recent geopolitical developments in the Middle East.
