diff --git a/config.c b/config.c
index e6741df5bf..b1fc12b3a2 100644
--- a/config.c
+++ b/config.c
@@ -819,7 +819,8 @@ static int get_next_char(struct config_source *cs)
 
 static char *parse_value(struct config_source *cs)
 {
-	int quote = 0, comment = 0, space = 0;
+	int quote = 0, comment = 0;
+	size_t trim_len = 0;
 
 	strbuf_reset(&cs->value);
 	for (;;) {
@@ -829,13 +830,17 @@ static char *parse_value(struct config_source *cs)
 				cs->linenr--;
 				return NULL;
 			}
+			if (trim_len)
+				strbuf_setlen(&cs->value, trim_len);
 			return cs->value.buf;
 		}
 		if (comment)
 			continue;
 		if (isspace(c) && !quote) {
+			if (!trim_len)
+				trim_len = cs->value.len;
 			if (cs->value.len)
-				space++;
+				strbuf_addch(&cs->value, c);
 			continue;
 		}
 		if (!quote) {
@@ -844,8 +849,8 @@ static char *parse_value(struct config_source *cs)
 				continue;
 			}
 		}
-		for (; space; space--)
-			strbuf_addch(&cs->value, ' ');
+		if (trim_len)
+			trim_len = 0;
 		if (c == '\\') {
 			c = get_next_char(cs);
 			switch (c) {