FUCHS exceeds expectations in the third quarter of 2012
Fuchs Petrolub AG / Key word(s): Quarter Results
23.10.2012 14:43
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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.
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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