Fuchs Petrolub AG / Key word(s): Quarter Results
23.10.2012 14:43
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc
FUCHS exceeds expectations in the third quarter of 2012
- Sales revenues and earnings both enjoy double-digit growth
- Earnings before interest and taxes up 12.3% to EUR 224.2 million
in the first nine months of 2012 (199.6)
- Positive outlook for the full financial year
FUCHS PETROLUB AG, with global operations in the lubricant business,
recorded sales revenue and earnings figures well above the expectations of
financial analysts in the third quarter of 2012. Despite the general
slowdown in economic activity observed in the second half of the year,
important Group companies were able to counter any downturns in their
business environment.
FUCHS recorded sales revenues of EUR 1,379 million (1,239) in the first
nine months of 2012, which represents an increase of 11.3% over the same
period of the previous year. At EUR 224.2 million, earnings before interest
and taxes (EBIT) are 12.3% up on the previous year. All figures are still
provisional.
Assuming that there are no significant changes to the overall economic
situation in the final quarter of the year, the Group expects EBIT for the
financial year to come in around 10% above the previous year's figure of
EUR 264.2 million.
The interim report as at 30 September will be published as planned on
November 5, 2012.
Mannheim, October 23, 2012
FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel.: ++49 (0) 621 3802 - 1104
E-Mail: tina.vogel@fuchs-oil.de
This ad hoc release is also available on the Internet at
http://www.fuchs-oil.com.
Important note
This ad hoc release contains statements about future developments that are
based on assumptions and estimates made by the management of FUCHS PETROLUB
AG. Even if the management is of the opinion that these assumptions and
estimates are accurate, future actual developments and future actual
results may differ significantly from these assumptions and estimates due
to a variety of factors. These factors can include changes in the overall
economic climate, changes to exchange rates and interest rates, and changes
in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that
future developments and the results actually achieved in the future will
agree with the assumptions and estimates set out in this ad hoc release and
assumes no liability for such.
23.10.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Fuchs Petrolub AG
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-7190
E-mail: ir@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
End of Announcement DGAP News-Service
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DGAP-Adhoc: FUCHS exceeds expectations in the third quarter of 2012
| Source: EQS Group AG