Brenntag Downsizes Management Board, Retains Both Divisions
Brenntag has announced organizational, cost-related and strategic initiatives to increase sales, simplify the organization and improve execution.
Brenntag has published its financial results for the third quarter of 2025. They reflect the persistently difficult and volatile market environment. Accordingly, the company achieved sales of €3.718 billion (-4.7%), operating gross profit of €947.2 million (-3.1%), operating EBITDA of €330.2 million (-6.7%) and operating EBITA of €243.0 million (-9.2%).
Brenntag implemented its cost-cutting program at an accelerated pace and achieved savings of €45 million in the third quarter. The company specifies the guidance for the full year 2025 and expects operating EBITA towards the lower end of the range of €950 million to €1.050 billion.
The company's management structure will be simplified and realigned to achieve greater agility and discipline in execution. In addition, a strategic review has been initiated to ensure that the business model and operational business structure remain fully aligned with evolving customer requirements and market dynamics.
Jens Birgersson, CEO, Brenntag: "My first months have been characterized by challenging market conditions without any short-term signs of improvement. Still, I am positive about Brenntag’s fundamental strengths as basis for future growth: A unique ability to adapt to market circumstances, market-leading positions and strong value propositions in both divisions with unmatched scale and global reach. I am impressed with the skill and commitment of our commercial teams towards our customers and supply partners. I see potential for operational improvements and efficiency gains. My immediate focus is on sales and execution. We need to strengthen Brenntag’s core by optimizing the corporate backbone, simplifying structures and improving our cost base. We have launched a strategic review to develop the most competitive and scalable global distribution supply chain and capture growth opportunities. We aim to present this new strategy in the second half of 2026."
New Governance Structure
To ensure agile decision-making processes across the Group, Brenntag is streamlining its governance model and introducing a two-member Board of Directors, consisting of CEO and CFO, and an Executive Committee. This governance structure will come into effect on December 1, 2025, replacing the model introduced in 2023 with divisional CEOs and divisional Executive Committees.
Strategic Review Initiated
Brenntag has initiated a review of the corporate strategy at Group level to ensure that the business model and operational business structure remain fully aligned with changing customer requirements and market dynamics. The analysis is currently underway and strategy development will continue in 2026. In the meantime, Brenntag will focus on sales and execution while further improving the cost base.
