Q4 2018 Brenntag AG Earnings Call Transcript

Mar 06, 2019 / 01:00PM GMT
Operator

Dear ladies and gentlemen, welcome to the Full-Year 2018 Results Call of Brenntag AG. At our customer's request, this conference will be recorded. (Operator Instructions) May I now hand you over to Steven Holland, who will lead you through this conference. Please go ahead, sir.

Steven Holland -

Thank you very much and welcome everybody to the Brenntag Results Call for the Full-Year 2018. As usual, I am here with my CFO, Georg Müller, and we will walk you through the presentation and afterward answer your questions. I think it has been quite a successful year for our company and we have reached all-time highs for our two most important KPIs, operating gross profit and and operating EBITDA. Those amounted to EUR 2.66 billion which [including FX, suggests] a growth of 7.5%, EBITDA growth was even stronger with 8.4% and [EBITDA at] EUR 826 million in 2018. I'd like to highlight the growth is mainly coming from our organic business development [which includes] people around the world and with various programs and changes instituted this year, we -- during 2018 also

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