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Archive 2007

company / business / finances

09.11.2007
FUCHS achieves record results for the first nine months
The FUCHS PETROLUB Group, which operates globally in the lubricants sector, has generated profits after tax of €87 million in the first nine months of 2007, which represents an increase of 21% over the previous year's figure. Sales revenues rose to €1,031.3 million (999.5). The driving force behind the increase in sales revenues was an internal growth rate of 6%. At the same time, a significant free cash flow of just under €72 million (43) was generated. Earnings per ordinary and preference share amount to €3.34 (2.73) and €3.38 (2.78) respectively.

03.08.2007
FUCHS significantly increases its half year profits for 2007
At €50 million, the FUCHS PETROLUB Group, which operates globally in the lubricants sector, has generated its highest quarterly EBIT (earnings before interest and tax) in company history in the second quarter of 2007. This follows on seamlessly from the successful developments of the first quarter. The net profit of €58 million for the first half of the year was 32% higher than for the first half of the previous year. Internal sales revenue growth just exceeded 5%, but was reduced to a little over 2% by currency effects and the sale of the LIPPERT-UNIPOL Group part-way through 2006. Sales revenues rose to €686.3 million (671.8). Earnings per ordinary and preference share amount to €2.22 (1.67) and €2.25 (1.70) respectively.

02.05.2007
FUCHS continues success in the first quarter of 2007
At the Annual General Meeting of FUCHS PETROLUB AG, more than 1,600 shareholders and guests welcomed the significantly increased dividend payment and the successful start to the year 2007.

23.03.2007
FUCHS: Record earnings once again in the anniversary year 2006 - Substantial increase in dividends planned
FUCHS PETROLUB AG globally operating in the lubricants business achieved a strong increase in sales revenues, net profit and free cash flow in the past financial year. The dividend to be recommended to the annual general meeting will be clearly increased.

19.03.2007
FUCHS Advisory Board Member Siraj Alhamrani Makes Donation for the Homeless in Mannheim
On behalf of Sheik Siraj Alhamrani, the Deputy Chairman of the Supervisory Board and former Chairman of the Executive Board of FUCHS PETROLUB AG, Dr. Manfred Fuchs, and the Head of the Middle East Division representing the Group's Executive Committee, Alf Untersteller, presented a donation of a total of €7,000 today to representatives of the charitable organization "Mannheimer Platte? as well as the shelter for homeless persons, who will split the donation among themselves.