FUCHS PETROLUB SE — Earnings Release 2001

May 31, 2001

News Details

Ad-hoc | 31 May 2001 09:09

Fuchs Petrolub AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– FUCHS: sales and profits perform well in 2001’s first quarter FUCHS PETROLUB AG in Mannheim, Germany, the globally operating lubricant producer, bucked the general trend in its chosen sector during a successful first quarter of 2001, characterized by solid sales and profits. With revenues up by 6.7 % to Euro 234.9 m (220.1), quarterly profits after taxes totaled Euro 4.9 m (4.9), and operating profits, at Euro 14.8 m, and earnings before interest and taxes (EBIT), at Euro 14.7 m, being slightly up on the preceding year’s equivalent figures. Compared with the fourth quarter of 2000, in particular, the figures for the first three months of 2001 constitute a substantial improvement, notwithstanding the industrial slowdown in North America and a decline in Germany’s industrial production during March. Capital investment during this year’s first quarter came to Euro 6.1 m (6.9). The workforce has risen to 3,952 people (3,836). end of ad hoc announcement (c) DGAP 31.05.2001 ——————————————————————————– WKN: 579040; Index: SDax Listed: Amtlicher Handel in Frankfurt (SMAX), Stuttgart; Freiverkehr in Berlin, Hamburg; Zürich 310909 Mai 01