FUCHS PETROLUB AG Press Releases

Ad hoc - FUCHS managed the difficult year 2009 successfully

Tue, 16 Feb 2010 08:00:00 +0100

-          Earnings before interest and taxes reached EUR 179.9 million (171.7)
-          Free cash flow increased to approximately EUR 180 million
-          Dividend proposed to increase to EUR 1.70 per preference share

FUCHS PETROLUB AG, with global operations in the lubricants industry, recorded revenues of EUR 1,178 million (1,394) in the financial year 2009. Despite the material decrease in revenues due to the world wide financial crisis and the consequent economic collapse, we exceeded our previous year's earnings before interest and taxes (EBIT). EBIT was EUR 179.9 million (171.7), which represents an increase of almost 5%. Earnings after taxes were EUR 121.4 million (110.3). Earnings per ordinary share were EUR 5.07 (4.43) and per preference share EUR 5.13 (4.49), both approximately 14% above the previous year's level. All figures are still provisional.

Cash flow in the reporting year reached a record level. The reduction of high levels of inventory and the positive earnings development generated a free cash flow of approximately EUR 180 million (7.5).

Subject to a corresponding resolution of the Supervisory Board on March 24, 2010, the Executive Board at FUCHS PETROLUB AG will propose a dividend of EUR 1.70 (1.60) per preference share and EUR 1.64 (1.54) per ordinary share to the Annual General Meeting to be held on May 5, 2010.

In 2010 FUCHS PETROLUB will once again strive to attain organic revenue growth. However, it may not be assumed, that the exceptionally good earnings before interest and taxes (EBIT) generated in the
second half of 2009 will be maintained in the future.

The complete financial statements for 2009 will be published on March 25, 2010 and presented at the balance sheet press conference. This ad hoc announcement replaces the release of provisional figures for the 2009 annual financial statements as listed in our financial calendar.

Key figures of the Group

(Values in EUR million)	2009 (1)	2008
Sales revenues	1,178.1	1,393.7
EBIT	179.9	171.7
Profit after tax	121.4	110.3
Earnings per share in EUR
Ordinary share	5.07	4.43
Preference share	5.13	4.49
Dividends in EUR
Ordinary share	1.64 (2)	1.54
Preference share	1.70 (2)	1.60
Free cash flow	ca. 180	7.5

(1) Provisional figures
(2) Proposal of the Executive Board

Mannheim, February 16, 2010

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 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.

EUR 82 million profit after tax for the first nine months of the year

Fri, 06 Nov 2009 07:00:00 +0100

- Earnings fall just 13% compared with the previous year despite a 19% drop in sales revenues
- Measures to improve profitability are succeeding
- Positive development of earnings in the Asia-Pacific, Africa region
- Free cash flow rose to EUR 125 million

The first nine months of 2009 at a glance

(Values in EUR million)	1-9/2009	1-9/2008
Sales revenues (1)	873.2	1,083.5
Europe	553.7	743.7
North and South America	129.9	154.0
Asia-Pacific, Africa	211.1	212.4
Consolidation	-21.5	-26.6
Earnings before interest and tax (EBIT)	122.7	144.5
Profit after tax for the first nine months	81.8	94.1
Earnings per share in EUR
Ordinary share	3.41	3.76
Preference share	3.46	3.81
Gross cash flow	89.7	103.8
Capital expenditure (2)	22.1	31.6
Employees (as at September 30)	3,536	3,886

(1) By company location
(2) In property, plant and equipment and intangible assets

Performance
The FUCHS PETROLUB Group recorded profit after tax of EUR 81.8 million (94.1) in the first nine months of 2009. The drop in earnings compared to the previous year came to just 13.1%, despite sales revenue falling 19.4% to EUR 873.2 million (1,083.5).

The figures for the first nine months of 2009 showed an improved earnings position compared to the previous quarters. Slight increases in sales revenues, an increase in the gross margin and reductions in costs were the reasons behind this. The gross profit of EUR 335.1 million (388.6), which fell by only 13.8%, saw better relative development than sales revenues. Personnel and overhead costs decreased by EUR 27.8 million or 11.5%.

As a result, the Group recorded earnings before interest and tax (EBIT) of EUR 122.7 million (144.5). The measures for improving profitability are clearly having a positive effect. After financing expenses of EUR 6.4 million (6.4), which remained at the same level as the previous year and after income taxes of EUR 34.5 million (44.0), earnings of EUR 81.8 million (94.1) were generated.

The excellent trend in results in the Asia-Pacific, Africa region also continued into the third quarter. At EUR 38.5 million (26.1), the region was able to improve on its results from the previous year by nearly fifty percent in the first nine months of 2009. The companies in the Middle East, China and South Africa were the key contributors to the increase in earnings.

At EUR 125.2 million (-14.4), the Group generated a high level of free cash flow in the first nine months of 2009. A significant reduction in inventories was one key contributor to this success. This made it possible to reduce financial liabilities by EUR 55.6 million and increase the Group's cash and cash equivalents by a further EUR 26.6 million. With equity of EUR 357.8 million and an equity ratio of 50.9%, the Group's net assets and financial position remain healthy.

Capital expenditure and investments in companies
Investments in property, plant and equipment and intangible assets were EUR 22.1 million (31.6) in the first nine months of 2009. Just under a half of this was due to the expansion of the site for the specialty business in Kaiserslautern. The facility has now been completed and is already in use.

At the beginning of August, FUCHS took over a specialty business for forging and special lubricants from DYLON Industries, Inc. in the US. This company generated revenue of USD 9 million in 2008 (EUR 7 million).

Employees
As at September 30, 2009, the global workforce of the FUCHS PETROLUB Group consisted of 3,536 employees. The reduction of 319 staff members since the end of 2008 is primarily due to the cost cutting measures that followed the significant drop in sales volume since the fourth quarter of 2008.

Outlook
For the fourth quarter, FUCHS expects to see a smaller drop in sales revenues than in the first nine months of the year. This is primarily due to the previous year's comparative figures being lower than those of the previous quarters. In terms of earnings before interest and tax, the Group's objective is to further reduce the disparity in earnings relative to the previous year. Alongside overall economic development, factors playing a key part in achieving this goal also include the price trends in the various markets. FUCHS expects to maintain the healthy free cash flow generated in the first nine months throughout the entire year.

Mannheim, November 6, 2009

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0) 621 3802-124

The information below can be accessed at the following web addresses:

Press release:
http://www.fuchs-oil.com

Quarterly report for the first nine months of 2009:
http://www.fuchs-oil.de/fileadmin/fuchs_upload/pdf_addons/QR2009/QB78e.pdf

Press photos:
http://www.fuchs-oil.de/pressphotos.html

Important note
This press release 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 press release and assumes no liability for such.

Earnings development of FUCHS PETROLUB above expectations

Thu, 22 Oct 2009 16:40:00 +0200

The preliminary third quarter results of the worldwide operating FUCHS PETROLUB Group are above previous expectations. The early measures taken to strengthen the earnings and the stabilization of markets at a low level have had a positive impact. However, the recovery is slow and its sustainability remains to be seen.

In the first nine month of the year 2009 sales of EUR 873 million (1,084) and earnings before interest and taxes (EBIT) of EUR 122 million (144) were achieved. This means, that previous forecasts on earnings have been surpassed substantially, even if the earnings compared with the same period of the previous year fell short by 15%. Profit after tax is EUR 81 million (94). All figures mentioned are preliminary.

The complete figures for the first three quarters of 2009 will be published as scheduled on November 6, 2009.

Mannheim, October 22, 2009

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Phone: ++49 (0) 621 3802-124

The ad hoc message can also be found in the internet at www.fuchs-oil.com.

Important note
This ad hoc message contains statements about future development 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 to 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.

Profit after tax of EUR 43 million for the first six months

Thu, 06 Aug 2009 07:00:00 +0200

-          Demand remains weak
-          Measures for strengthening earnings take hold
-          Positive development of earnings in the Asia-Pacific, Africa region
-          Free cash flow rose to EUR 89 million

The first half year of 2009 at a glance

(Values in EUR million)	1-6/2009	1-6/2008
Sales revenues (1)	569.6	718.7
Europe	361.5	498.3
North and South America	85.2	98.2
Asia-Pacific, Africa	135.9	139.6
Consolidation	-13.0	-17.4
Earnings before interest and tax (EBIT)	66.7	98.4
Midyear profit after tax	43.1	65.1
Earnings per share in EUR
Ordinary share	1.80	2.59
Preference share	1.83	2.62
Gross cash flow	50.0	71.2
Capital expenditure (2)	15.2	18.8
Employees (as at June 30)	3,593	3,883

(1) By company location
(2) In property, plant and equipment and intangible assets

Performance
The FUCHS PETROLUB Group was also impacted by the significant drop in global demand for lubricants in the first half of 2009. Sales revenues fell by 20.7% compared with the previous year's figures, reaching a level of EUR 569.6 million (718.7). The figures for the second quarter were slightly better than those of the first quarter (4.5%).

At EUR 206.9 million (260.3), gross profit was 20.5% below the level for the same period of the previous year. At 36.3%, the gross margin remained at the previous year's level (36.2). Through the implementation of cost-cutting measures across all divisions, it was possible to partially offset the decline in gross profit. The savings in payroll costs since the beginning of the year and lower non-payroll expenses, led to a drop in functional area costs of 12.2% to a level of EUR 142.3 million (162.0).

Earnings before interest and taxes (EBIT) reached a level of EUR 66.7 million (98.4). The EBIT margin, i.e. EBIT in relation to sales revenues, reached a level of 11.7% (13.7). At EUR 40.2 million, EBIT in the second quarter was significantly above the figure from the first quarter (26.5).

After financing expenses of EUR 4.7 million and income tax of EUR 18.9 million (29.3), earnings were EUR 43.1 million (65.1).

The Asia-Pacific, Africa region enjoyed a positive development. At EUR 23.3 million (17.6), this region increased earnings by almost one third.

Cash flow development remained strong, primarily due to the reduction in inventories: The Group generated a free cash flow of EUR 89 million in the first half of 2009. This allowed financial liabilities to be reduced and the liquidity cushion to be increased.

Capital expenditure and investments in companies
Investments in property, plant and equipment and intangible assets were EUR 15.2 million (18.8) in first half of 2009.

At the start of August, FUCHS PETROLUB AG acquired the lubricant business of DYLON in the US via its US subsidiary FUCHS LUBRICANTS CO. The key segment here is the specialty business in the areas of forging and special greases, which generated sales revenue of USD 9 million in 2008 (EUR 7 million).

Employees
As at June 30, 2009, the Group's workforce consisted of 3,593 employees. The reduction by 262 employees since the end of 2008 is due to adjustments that have been made to cater for the sharp downward trend in the Group's sales revenues worldwide.

Outlook
In the light of the global recession, FUCHS also expects to see sales revenues below those of the previous year in the second half of the year. The Group strives to achieve similar earnings in the second half of the year as in the first half of 2009. To what extent general economic developments will permit that remains to be seen. FUCHS PETROLUB intends to at least maintain the good cash flow of the first half of the year throughout the entire year. At the same time, the Group continues its investments in the specialty business, in research and development and in growth markets.

Mannheim, August 6, 2009

FUCHS PETROLUB AG
Public Relations
Friesenheimer Stra�e 17
68169 Mannheim
Germany
Phone: ++49 (0)621 3802-124

The information below can be accessed at the following web addresses:

Press release:
http://www.fuchs-oil.com

Interim report for the first six months and second quarter 2009:
http://www.fuchs-oil.de/fileadmin/fuchs_upload/pdf_addons/QR2009/QB63e.pdf

Press photos:
http://www.fuchs-oil.de/pressphotos.html

Important note
This press release 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 press release and assumes no liability for such.

As expected, net profit of �16 million for the first quarter of 2009 remained at the level of the fourth quarter of 2008

Tue, 05 May 2009 07:00:00 +0200

As expected, net profit of �16 million for the first quarter of 2009 remained at the level of the fourth quarter of 2008

-          Fall in demand continues
-          Cost-cutting measures are taking effect
-          Free cash flow rose to �39 million
-          Group equity ratio improved from 45 % to 47 %

Performance
The FUCHS PETROLUB Group was unable to defy the recession in the first quarter of 2009 and, like the global lubricants market, recorded a significant drop in demand. Revenue was �278.5 million (350.7), a fall of 20.6 % against the very strong first quarter of 2008.

As a result of the decline in sales revenue, the gross profit of �95.3 million (128.3) fell by �33.0 million or 25.7 %. The gross margin was 34.2 % (36.3). In the immediately preceding fourth quarter this figure was 32.1 %. Cost reductions in all areas partly compensated for the fall in gross profit to a certain extent: In particular, expenses relating to sales and administration were reduced, while R&D expenses were largely maintained at the previous year's levels.

Earnings before interest and tax (EBIT) amounted to �26.5 million (48.7), 45.6 % less than in the previous year. The EBIT margin, that is the EBIT in relation to sales revenues, is 9.5 % (13.9). The comparison with the fourth quarter of 2008 shows that the gross margin is growing and our cost reduction measures are taking effect. After income taxes of �7.6 million (14.8), this leaves a net profit of �16.2 million (32.1). Earnings per ordinary share amount to �0.67 (1.27), while earnings per preference share are �0.69 (1.28).

Despite the difficult economic conditions, the net assets and financial position of the Group remains stable. It was even possible to increase the equity ratio to 47.0 % (44.8 % at the end of 2008).

Cash flow development was pleasing, primarily due to the reduction in inventories: The Group generated a free cash flow of �39.2 million in the first quarter of 2009. This allowed financial liabilities to be reduced and the liquidity cushion to be increased.

Employees
As of March 31, 2009, the workforce of the FUCHS PETROLUB Group consisted of 3,730 employees worldwide;
this is 125 less than at the beginning of the year. The drop in staff numbers in all regions is a reflection of the initial measures taken to adapt to the considerable decline in the Group's global sales revenues.

Outlook
There are currently no indications of a significant improvement in the economic situation and therefore in the demand for lubricants. In the first quarter, the FUCHS PETROLUB Group has taken the necessary measures required to secure its earning power in this environment while at the same time equipping it for the future. These measures include both expanding and securing profitable revenue sources and continuing strict cost management, while at the same time paying increasing attention to the cash flow. The above measures and the continuation of the investment in the specialty business, research and development and growth markets ensure the Group remaining on a firm footing for the future.

The extent to which the economic development will allow the following quarters to see similar or even higher earnings before interest and tax than that achieved in the first quarter of 2009 remains to be seen.

The first quarter of 2009 at a glance

(in � million)	1-3/2009	1-3/2008
Sales revenues (1)	278.5	350.7
Europe	177.9	244.0
North and South America	44.8	48.3
Asia-Pacific, Africa	61.2	66.3
Consolidation	-5.4	-7.9
Earnings before interest and tax (EBIT)	26.5	48.7
Net profit for the first quarter	16.2	32.1
Earnings per share in �
Ordinary share	0.67	1.27
Preference share	0.69	1.28
Gross cash flow	20.1	35.3
Capital expenditure (2)	7.2	8.0
Employees (as at March 31)	3,730	3,829

(1) By company location
(2) In property, plant and equipment and intangible assets

Mannheim, May 5, 2009

FUCHS PETROLUB AG
�ffentlichkeitsarbeit
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0) 621 3802-124

The information below can be accessed at the following web addresses:

Press release:
www.fuchs-oil.com

Quarterly report for the first quarter of 2009:
http://www.fuchs-oil.de/fileadmin/fuchs_upload/pdf_addons/QR2009/QB14e.pdf

Press photos:
http://www.fuchs-oil.de/pressphotos.html

Important note
This press release 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 press release and assumes no liability for such.

FUCHS: Overall a pleasing end to the financial year 2008

Fri, 27 Mar 2009 07:00:00 +0100

- At EUR1,394 million, sales revenues are 2.1 % above previous year
- Earnings after tax of EUR110.3 million
- Dividend set to be increased to EUR1.60 per preference share

FUCHS PETROLUB AG, with global operations in the lubricant business, recorded an increase in revenues of 2.1 % to EUR1,393.7 million in the financial year 2008. However, due to the global economic collapse in the fourth quarter of 2008, it was not possible to achieve the previous year's level in terms of earnings before interest and taxes (EBIT). EBIT was EUR171.7 million (195.2), which represents a fall of 12 %. Earnings after taxes were EUR110.3 million (120.3), which represents a fall of 8.3 %. Earnings per ordinary share were EUR4.43 (4.63) and per preference share EUR4.49 (4.69), both 4.3 % below the previous year's level.

Performance
The organic growth of the FUCHS PETROLUB Group in 2008 was price-driven. In total, the Group recorded an organic increase in revenues of EUR72.5 million or 5.3 % for the whole year. While it was possible to achieve appreciable increases in volume in the first half of the year, the poor economic climate meant that sales in the fourth quarter were significantly below the previous year's level. By the end of the year, the previous year's volume was only just achieved.

In 2008 the FUCHS PETROLUB Group recorded its second best earnings ever, although it was not possible to repeat the record profits of 2007. This was due to the collapse in the global economy caused by the financial market crisis in the second half of 2008, which was particularly severe in the fourth quarter of 2008.

Yet despite this, the Group managed to record satisfactory earnings in 2008. EBIT was EUR171.7 million (195.2) and profit after tax was EUR110.3 million (120.3). The fall in total earnings equates to 4.3 % in terms of earnings per share due to the reduced number of shares caused by the share buyback program.

The FUCHS PETROLUB Group starts 2009 in a solid financial position. Despite the buyback of shares the equity ratio at 44.8 % (45.6) saw little change in the reporting year.

As a result of severe increases in raw material prices, a downward trend in sales revenues in the fourth quarter, tax payments and greater capital expenditures, the free cash flow decreased to EUR7.5 million (128.4).

Capital expenditure
The FUCHS PETROLUB Group dedicated EUR46.6 million (24.4) to capital expenditure in property, plant and equipment and intangible assets in 2008. The reason for the significant increase compared to the previous years was the launch of the investment program announced in mid 2008 which covers the two German sites in Mannheim and Kaiserslautern as well as China, India and Brazil.

Employees
As at December 31, 2008, the FUCHS PETROLUB Group employed 3,855 people worldwide (3,787). The total number of employees has therefore increased slightly year on year by 68 people or 1.8 %.

Proposed dividend
The Supervisory Board and Executive Board will propose to the Annual General Meeting on May 6, 2009 that the dividend for 2008 be raised by EUR0.10 per share to EUR1.60 (1.50) per preference share and EUR1.54 (1.44) per ordinary share compared to the previous year. This would mean the total dividend payout is at around the same level as the previous year. However, when the share buyback is taken into account, this represents an increase in dividend per share of 7 %.

Forecast
Business development in the first two months of 2009 continued to be generally unsatisfactory. The customers of FUCHS continue to reduce their inventories and are ordering less in the light of their own weak order situation.

FUCHS begins 2009, which will certainly be a difficult year, in robust condition and is confident of its proven business model. Due to the worldwide recession, downward trends in sales revenues are to be expected in all regions in 2009. Further, it may be assumed that the previous year's results will not be reached. FUCHS will also continue to work on potential weak areas, continue its disciplined system of cost management and take all measures necessary. Despite the extremely difficult economic situation, the FUCHS PETROLUB Group still sees opportunities for further expanding its market position and making the most of sensible acquisition opportunities both strategically and financially. In terms of cash development, the Group seeks to continue the good cash flow generation of the previous years.

Key figures of the Group

	2008	2007
Sales revenues (1)	EUR1,393.7 million	EUR1,365.3 million
Europe	EUR945.0 million	EUR934.1 million
North and South America	EUR205.9 million	EUR208.3 million
Asia-Pacific, Africa	EUR274.9 million	EUR253.4 million
EBIT	EUR171.7 million	EUR195.2 million
Profit after tax	EUR110.3 million	EUR120.3 million
Earnings per share
Ordinary share	EUR4.43	EUR4.63
Preference share	EUR4.49	EUR4.69
Dividends
Ordinary share (2)	EUR1.54	EUR1.44
Preference share (2)	EUR1.60	EUR1.50
Free cash flow	EUR7.5 million	EUR128.4 million
Capital expenditure (3)	EUR46.6 million	EUR24.4 million
Employees (as at December 31)	3,855	3,787

(1) By company's location
(2) Dividend proposal 2008 to the Annual General Meeting on May 6, 2009
(3) In property, plant and equipment and intangible assets

Mannheim, March 27, 2009

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: +49 (0) 621 3802-124

The listed information below can be found in the internet with the following links:

Press release: http://www.fuchs-oil.com

Annual Report 2008: http://www.fuchs-oil.de/annual_report08.html

Press photos: http://www.fuchs-oil.de/pressphotos.html

Important note
This press release 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 press release and assumes no liability for such.

FUCHS PETROLUB AG concludes share buyback program

Wed, 11 Mar 2009 16:00:00 +0100

A resolution passed by the Annual General Meeting on May 2, 2007 authorized the Executive Board to purchase and redeem own shares of the company. The Annual General Meeting of May 6, 2008 authorized the Executive Board to continue the share buyback begun in 2007 through November 5, 2009. In line with this authorization, the Executive Board purchased a total of 1,139,000 ordinary shares and 1,139,000 preference shares representing EUR 3 per share of the share capital via the stock exchange in the period between May 10, 2007 and March 10, 2009. This corresponds to 8.8% of the share capital of the company.

The Executive Board of FUCHS PETROLUB AG has today decided to end the current share buyback program and proceed with the redemption of all shares purchased under the two share buyback programs. Ending the program at this time facilitates the organizational execution of the upcoming Annual General Meeting. The aim of buying back shares of up to 10% of share capital has materially been achieved. A resumption of the share buyback program following the Annual General Meeting on May 6, 2009 is therefore not intended.

A separate announcement regarding the implementation of the share redemption will be made in due course. Detailed information on the progress of the share buyback program can be found on the internet at http://www.fuchs-oil.de/sharebuyback00.html.

Mannheim, March 11, 2009

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Phone: ++49 (0) 621 3802 � 105

The ad hoc message can also be found on the internet at http://www.fuchs-oil.com.

Important note
This ad hoc message contains statements about future development 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 to 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.

FUCHS closes the financial year 2008 with overall satisfactory results

Fri, 27 Feb 2009 07:00:00 +0100

-          At EUR1,394 million, sales revenues are 2.1% above previous year
-          Earnings EUR110.3 million
-          Dividend set to be increased to EUR1.60 per preference share

FUCHS PETROLUB AG, with global operations in the lubricant business, recorded an increase in revenues of 2.1% to EUR1,393.7 million in the financial year 2008. However, due to the global economic collapse in the fourth quarter of 2008, it was not possible to achieve the previous year's level in terms of earnings before interest and taxes (EBIT). EBIT was EUR171.7 million (195.2), which represents a fall of 12%. Earnings after taxes were EUR110.3 million (120.3). Earnings per ordinary share were EUR4.43 (4.63) and per preference share EUR4.49 (4.69), both 4.3% below the previous year's level. All figures are still provisional.

Cash flow in the reporting year was shaped by high levels of inventory at year end due to increases in raw material prices and the severe drop in demand in the fourth quarter. Free cash flow after acquisitions and major investments was EUR7.5 million (128.4).

Subject to a corresponding resolution of the Supervisory Board on March 26, 2009, the Executive Board at FUCHS PETROLUB AG will propose a dividend of EUR1.60 (1.50) per preference share and EUR1.54 (1.44) per ordinary share to the Annual General Meeting to be held on May 6, 2009. This would mean the total dividend payout is at around the same level as the previous year. However, when the share buyback is taken into account, this represents an increase in dividend per share of 7%.

We anticipate that the unsatisfactory market conditions we are currently experiencing will also continue in 2009. The global drop in demand, and in particular its further development, are difficult to estimate. Yet, FUCHS enters this difficult time in robust condition and is confident of its proven business model. We will continue to work on potential weak areas, move on with our disciplined system of cost management and take every appropriate measure.

The complete financial statements for 2008 will be published on March 27, 2009 and presented within the scope of the balance sheet press conference.

Key figures of the Group

	2008 (1)	2007
Sales revenues	EUR1,393.7 million	EUR1,365.3 million
EBIT	EUR171.7 million	EUR195.2 million
Profit after tax	EUR110.3 million	EUR120.3 million
Earnings per share
Ordinary share	EUR4.43	EUR4.63
Preference share	EUR4.49	EUR4.69
Dividends
Ordinary share	EUR1.54 (2)	EUR1.44
Preference share	EUR1.60 (2)	EUR1.50
Free cash flow	EUR7.5 million	EUR128.4 million

(1) Provisional figures
(2) Proposal of the Executive Board

Mannheim, February 27, 2009

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel.: ++49 (0) 621 3802 � 105

This press release is also available on the Internet at www.fuchs-oil.com.

Important note
This press release 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 press release and assumes no liability for such.

Ad hoc - FUCHS PETROLUB AG adjusts 2008 forecast

Tue, 09 Dec 2008 14:00:00 +0100

November sales of the worldwide operating FUCHS PETROLUB Group were noticeably below previous expectations. The significant deterioration of worldwide economic conditions and the reduction in customer inventory levels were the key factors. FUCHS expects, that there will be no significant change in this development in December and therefore adjusts its 2008 forecast.

The FUCHS PETROLUB Group considers itself well positioned with regard to its product portfolio. Although our business model is robust, it is not able to escape from the unparalleled slump in demand. Because of the high uncertainty over the next few weeks, it is currently not possible to reliably forecast the fourth quarter profit contribution. Notwithstanding the current economic conditions, the fourth quarter will contribute positively to the profits of 2008. Earnings before interest and taxes (EBIT) for the year 2008 will exceed the EUR144.5 million achieved in the first nine months of 2008. Profit after tax should be around EUR100 million.

The Group intends to maintain dividends at least at the same level as the previous year. Furthermore the investments in our speciality business, in research and development and in selected growth markets will continue as planned. In addition, the almost completed share buy back will be continued. This emphasizes, that FUCHS is planning long term and is confident with regard to its speciality strategy.

At the end of February 2009 the FUCHS Group will report preliminary figures for the year 2008 and will then, like in previous years, provide a forecast on the year 2009.

Mannheim, December 9, 2008

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Phone: ++49 (0) 621 3802 � 105

The ad hoc message can also be found on the Internet at http://www.fuchs-oil.com.

Important note
This ad hoc message contains statements about future development 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 to 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.

FUCHS PETROLUB augments its Board of Directors and prepares for the future

Thu, 06 Nov 2008 08:30:00 +0100

FUCHS PETROLUB augments its Board of Directors from four to six. The change prepares the company for the future. The new organisation with board members for Europe as well as Asia-Pacific and Africa allows for more focus in the various areas of responsibility.

Dr. Lutz Lindemann and Dr. Ralph Rheinboldt were appointed to the Board of Directors of FUCHS PETROLUB AG effective January 1, 2009. Both have been with the FUCHS group for 10 years and have a proven track record in our European development. Dr. Lindemann is 48 years old and holds a PhD in chemistry. He is currently the CEO of FUCHS EUROPE SCHMIERSTOFFE GMBH and in addition is responsible for our growth region Middle and Eastern Europe. Dr. Rheinboldt is 41 years old and holds a PhD in economics. He is the CEO of FUCHS EUROPE which comprises our business in Western Europe and is in addition a managing director of FUCHS EUROPE SCHMIERSTOFFE GMBH. As members of the Board, both will actively contribute to the further positive development of FUCHS PETROLUB and the continued penetration of our home market in Europe.

The augmentation of the Board of Directors from four to six goes hand in hand with a new schedule of responsibilities. The creation of board members for Europe as well as Asia-Pacific and Africa allow more focus within the Board. Due to the inclusion of the FUCHS PETROLUB preference shares in the MDAX which increases investor relation activities, and the requirements of a good corporate governance, which is fully endorsed by FUCHS, it will be necessary that Dr. Alexander Selent concentrates on his responsibilities of finance and personnel as well as Deputy Chairman of the Board. Dr. Georg Lingg who had the responsibility for Technology and Supply Chain within the Board of Directors will assume responsibility for Asia-Pacific and Africa on the Board. This concentration will allow for additional focus on this important growth region. Dr. Lindemann will take over the responsibility for Technology and Supply Chain. As a chemical engineer he has all the credentials to provide additional momentum to our research and development, product management and supply chain. Dr. Rheinboldt will take over the responsibility for Europe. This will ensure that our home market Europe will be represented by a dedicated board member.

FUCHS PETROLUB recorded sales of 1,4 bn � and after tax profits of 120 mn � in 2007. 63 % of the sales were generated in Europe, 21 % in Asia-Pacific and Africa, and 16 % in North and South America. 3,900 employees have contributed to this success.

Mannheim, November 6, 2008
FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel.: ++49 (0) 621 3802 � 105

This press release is also available on the internet at http://www.fuchs-oil.com.

Important note
This press release 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 press release and assumes no liability for such.