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FUCHS with provisional figures for the financial year 2014: Group sales revenues increased to EUR 1.9 billion, previous year's record earnings repeated

DGAP-News: FUCHS PETROLUB SE / Key word(s): Preliminary Results
FUCHS with provisional figures for the financial year 2014: Group
sales revenues increased to EUR 1.9 billion, previous year's record
earnings repeated

20.02.2015 / 07:00

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FUCHS with provisional figures for the financial year 2014: Group sales
revenues increased to EUR 1.9 billion, previous year's record earnings
repeated

- Sales revenues up 2% to EUR 1,866 million (currency adjusted +4%)
- Growth in all three global regions
- At EUR 313 million, earnings (EBIT) at the previous year's record level
- Proposed dividend of EUR 0.77 per preference share (+10%)

In the financial year 2014, FUCHS PETROLUB SE recorded Group sales revenues
of EUR 1,866 million. This represents growth of EUR 34 million or 2% over
the previous year's figures; when adjusted for currency effects, the
increase was just under 4%. FUCHS was also able to continue its organic
growth (+3%) in all three global regions in 2014. Acquisitions represent 1%
of the overall increase.

At EUR 313 million (312), earnings before interest and tax (EBIT) match the
previous year's record earnings. Earnings after tax are EUR 220 million,
following EUR 219 million in the previous year. The share buyback completed
in the first half of 2014 had a positive effect on earnings per share,
which increased by just under 3%. At the same time, the Group further
strengthened its balance sheet with free cash flow of EUR 188 million
(150).

Subject to a corresponding resolution being passed by the Supervisory Board
on March 23, 2015, the Executive Board of FUCHS PETROLUB SE intends to
propose a dividend of EUR 0.77 per preference share and EUR 0.76 per
ordinary share for the financial year 2014 to the Annual General Meeting
scheduled for May 6, 2015. This would represent an increase of 10%.

FUCHS anticipates further increases of both sales revenues and earnings for
the financial year 2015. This is based on forecasts for 2015 that indicate
stronger growth in the global economy than in the previous year.

FUCHS PETROLUB will publish the final figures for the financial year 2014
on March 24, 2015.

Group KPIs (1)

Amounts in EUR million                      2014 (2)                  2013
Sales revenues                                 1,866                 1,832