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Brenntag reports 3.2 percent decrease in sales for fiscal 2024

In 2024, Brenntag generated sales of 16,237.4 million EUR which is 3.2% below the previous year. The decrease was due to a decline in sales prices and could not be offset by the higher volumes, which on Group level sequentially increased throughout the year. Brenntag’s operating gross profit reached 4,025.4 million EUR and was on par with prior year (-0.2%) as higher volumes compensated the lower gross profit per unit margins. With an operating EBITA of 1,101.9 million EUR (-12.5%), Brenntag met its guidance from August 2024 at the lower end. The decline in earnings stemmed from both divisions and was due to higher volume-driven costs and inflationary impacts. Earnings per share amounted to 3.71 EUR (2023: 4.73 EUR). Brenntag achieved a strong free cash flow of 892.6 million EUR in 2024. It was below the exceptionally high free cash flow of 1.7 billion EUR in 2023, due to the decline in operating EBITA as well as movements in Brenntag’s working capital.

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Anette Sklarz Justice named as head of marketing at BKT USA

Bringing in over five years of marketing experience, primarily in the HVAC manufacturing industry, Anette Sklarz Justice will lead the Marketing and Communication Unit at the BKT subsidiary in Ohio, U.S., to further extend the company’s presence in the tire market. She will focus on the brand’s growth strategy and develop communications plans tailored to the U.S. market. Not only does this new appointment strengthen the leadership of BKT USA, but the company also intends to establish a strong and recognizable presence of the BKT brand, by leveraging a strategic approach that aims to improve both brand visibility and overall communication, as well as broadening its target audience to reach customers and industry players through quality content and initiatives.

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Bridgestone unveils two new tires with Enliten Technology at TMC 2025

ridgestone unveiled the new Bridgestone R273 Ecopia regional tire for the steer position and the Bridgestone Duravis M705 for mixed fleet vehicles in pick up and delivery (P&D) and last-mile delivery (LMD) fleets. Both are debuting at the 2025 Technology & Maintenance Council (TMC) Annual Meeting & Transportation Technology Exhibition. Both all-new tires feature the company’s next-generation ENLITEN technology, designed to help expand performance capabilities to new levels while also elevating focus toward sustainability.

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ARPM training academy unveils product liability training

The Association for Rubber Product Manufacturer(s) (ARPM) Training Academy Unveils Product Liability Training – A First of Its Kind. Equip yourself with essential knowledge to navigate the complex world of product liability with our comprehensive course, designed specifically for manufacturing professionals. This training provides practical insights and strategies to address potential risks, ensure regulatory compliance, and respond effectively in the event of an incident.

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Apollo Tyre and French Institute of India celebrate eight inspiring women entrepreneurs

Apollo Tyres recognized the achievements of 8 exceptional women entrepreneurs from Project Navya, an initiative by Apollo Tyres Foundation (ATF), aimed at empowering rural women. The inspiring event was organized in collaboration with the French Institute in India (IFI), and was honored by the presence of Dr Thierry Mathou, Ambassador of France to India, and Onkar Kanwar, Chairman, Apollo Tyres Ltd.

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