DGAP-News
FUCHS increases sales revenues and earnings - outlook remains unchanged - Seite 2
(82). At EUR 59 million (57), earnings after interest and tax are 3% or EUR
2 million above the previous year. Earnings per ordinary and preference
share rose to EUR 0.42 (0.41).
Segments: Sales revenues and earnings
The regional analysis shows that Europe enjoyed strong growth (+25%) as a
result of acquisitions. The region also grew organically (+2%),
particularly in Central and Eastern Europe. The Asia-Pacific, Africa region
recorded organic growth of 5%. Negative currency translation effects (-6%)
canceled out this growth. The North and South America region could not
repeat its previous year's sales revenues (-4%).
In Europe, EBIT rose by EUR 4 million. As expected, the 9% increase in EBIT
to EUR 43 million was less than proportional. The Asia-Pacific, Africa
region increased its EBIT by 10% to EUR 29 million. The gains were
primarily recorded in China, India and South Korea. At EUR 15 million, EBIT
in North and South America is 9% below the previous year's figure.
Outlook
The outlook for FUCHS PETROLUB remains unchanged. The company anticipates
acquisition-based and organic growth in sales revenues in the range of 7%
to 11% for the financial year. In terms of EBIT, the Group is forecasting
an increase between 3% and 7%. This forecast does not account for currency
translation effects.
Mannheim, April 29, 2016
FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel. +49 (0)621 3802-1104
tina.vogel@fuchs-oil.de
www.fuchs.com/group
The following information can be accessed online:
Interim Report Q1 2016: www.fuchs.com/group/financial-reports
Press photos: www.fuchs.com/group/photogallery/
About FUCHS
The FUCHS Group develops, produces and markets high-grade lubricants and
related specialties for virtually all industries and areas of application.
The company, which was founded in Mannheim in 1931, employs around 5,000
people worldwide at 60 operating companies. FUCHS is the world's largest
independent lubricant manufacturer. The most important markets in terms of
sales revenues are Western Europe, Asia and North America.
Important note
This press release contains statements about future developments that are
based on assumptions and estimates by the management of FUCHS PETROLUB SE.
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, for example, include changes in
the overall economic climate, changes in procurement prices, changes to
exchange rates and interest rates, and changes within the lubricants
industry. FUCHS PETROLUB SE provides no guarantee that future developments
and the results actually achieved in the future will match the assumptions
and estimates set out in this press release and assumes no liability for
such.
---------------------------------------------------------------------------
29.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: FUCHS PETROLUB SE
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: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Munich; Terminbörse EUREX
End of News DGAP News Service
---------------------------------------------------------------------------
458929 29.04.2016
to EUR 43 million was less than proportional. The Asia-Pacific, Africa
region increased its EBIT by 10% to EUR 29 million. The gains were
primarily recorded in China, India and South Korea. At EUR 15 million, EBIT
in North and South America is 9% below the previous year's figure.
Outlook
The outlook for FUCHS PETROLUB remains unchanged. The company anticipates
acquisition-based and organic growth in sales revenues in the range of 7%
to 11% for the financial year. In terms of EBIT, the Group is forecasting
an increase between 3% and 7%. This forecast does not account for currency
translation effects.
Mannheim, April 29, 2016
FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel. +49 (0)621 3802-1104
tina.vogel@fuchs-oil.de
www.fuchs.com/group
The following information can be accessed online:
Interim Report Q1 2016: www.fuchs.com/group/financial-reports
Press photos: www.fuchs.com/group/photogallery/
About FUCHS
The FUCHS Group develops, produces and markets high-grade lubricants and
related specialties for virtually all industries and areas of application.
The company, which was founded in Mannheim in 1931, employs around 5,000
people worldwide at 60 operating companies. FUCHS is the world's largest
independent lubricant manufacturer. The most important markets in terms of
sales revenues are Western Europe, Asia and North America.
Important note
This press release contains statements about future developments that are
based on assumptions and estimates by the management of FUCHS PETROLUB SE.
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, for example, include changes in
the overall economic climate, changes in procurement prices, changes to
exchange rates and interest rates, and changes within the lubricants
industry. FUCHS PETROLUB SE provides no guarantee that future developments
and the results actually achieved in the future will match the assumptions
and estimates set out in this press release and assumes no liability for
such.
---------------------------------------------------------------------------
29.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: FUCHS PETROLUB SE
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: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Munich; Terminbörse EUREX
End of News DGAP News Service
---------------------------------------------------------------------------
458929 29.04.2016
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