Fuchs Petrolub AG: Earnings improved after a difficult start to 2009
- Earnings fall just 13% compared with the previous year despite a 19% drop in sales revenues
- Measures to improve profitability are succeeding
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Fuchs Petrolub AG: EUR 82 million profit after tax for the first nine months of the year
- Demand remains weak
- Measures for strengthening earnings take hold
- Positive development of earnings in the Asia-Pacific, Africa region
Fuchs Petrolub AG: Profit after tax of EUR 43 million for the first six months
- Fall in demand continues
- Cost-cutting measures are taking effect
- Free cash flow rose to €39 million
- Group equity ratio improved from 45…