DGAP-News

FUCHS increases sales revenues and EBIT

DGAP-News: FUCHS PETROLUB SE / Key word(s): Interim Report
FUCHS increases sales revenues and EBIT

30.04.2015 / 07:00

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FUCHS increases sales revenues and EBIT

- Sales revenues up 8% to EUR 493 million (currency adjusted +1%)
- Earnings (EBIT) rise by 8% to EUR 82 million
- Outlook for the financial year improved due to currency effects

The first three months of 2015 at a glance

Amounts in EUR million                     Q 1 2015      Q1 2014   Dev. %
Sales revenues (1)                            492.6        456.8      7.8
Europe                                        278.3        284.5     -2.2
Asia-Pacific, Africa                          146.5        119.4     22.7
North and South America                        88.3         75.4     17.1
Consolidation                                 -20.5        -22.5
Earnings before interest and tax (EBIT)        81.7         75.6      8.1
Earnings after tax                             56.8         52.8      7.6
Earnings per share in EUR
Ordinary share                                 0.41         0.38      7.9
Preference share                               0.41         0.38      7.9
Free cash flow                                 30.2         25.8     17.1
Investments in long-term assets                 7.8          6.5     20.0
Employees as at March 31                      4,141        3,981      4.0

(1) By company location

Performance
The globally operating lubricant producer FUCHS PETROLUB SE generated sales
revenues of EUR 493 million (457) in the first quarter of 2015, thus
representing an increase of 8%. Adjusted for currency effects, sales
revenues increased by 1%. The two minor acquisitions made by the Group in
Great Britain and South Africa / Australia in mid-2014 contributed just
under 2% to the increase in sales revenues. Organic sales revenues remained
slightly below the high level recorded in the same period of the previous
year (-1%).

Earnings before interest and tax (EBIT) increased by EUR 6 million or 8% to
EUR 82 million (76). At the same time, earnings after tax rose by EUR 4
million or 8% to EUR 57 million (53), while earnings per share also
increased by 8% to EUR 0.41 EUR (0.38) per ordinary and preference share.

Free cash flow reached a value of EUR 30 million (26).

Investments
In the period under review, the FUCHS PETROLUB Group invested EUR 8 million