Fuchs Petrolub AG / Key word(s): Quarter Results
20.04.2011 18:52
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc
FUCHS PETROLUB: First quarter 2011 sales revenues and earnings
significantly above expectations
Affected by a very strong month of March, in the first quarter of 2011 the
FUCHS PETROLUB Group recorded the highest quarterly sales revenues in its
history. In a favourable economic environment sales revenues and earnings
were increased significantly and therefore outperformed the expectations of
financial analysts.
Sales revenues of EUR 409.0 million (330.4) were 23.8% above previous
years' figures. Earnings before interest and taxes (EBIT) of EUR 67.6
million (58.7) and profit after tax of EUR 47.1 million (40.6) were
achieved. All of the aforementioned figures are preliminary.
For the year 2011 as a whole FUCHS is striving to exceed the record EBIT of
EUR 250.1 million recorded in 2010, however, the earnings of the first
quarter should not just be extrapolated to the rest of the year.
The complete interim report for the first quarter of 2011 will be published
as planned on May 4, 2011.
Mannheim, April 20, 2011
FUCHS PETROLUB AG
Public Relations
Friesenheimer Straße 17
68169 Mannheim
Germany
Tel.: +49 (0) 621 3802-1124
This ad hoc message is also available on the internet at
http://www.fuchs-oil.com
Important note
This ad hoc message contains statements about future developments that are
based on assumptions and estimates 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 message and
assumes no liability for such.
20.04.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Fuchs Petrolub AG
Friesenheimer Str. 17
68169 Mannheim
Deutschland
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-190
E-mail: contact-de.fpoc@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790406, DE0005790430
WKN: 579040, 579043
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
End of Announcement DGAP News-Service
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