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FUCHS PETROLUB SE — Earnings Release 2002
Nov 29, 2002
170_rns_2002-11-29_e8335618-d07a-4219-bc59-48d6b7845d0c.html
Earnings Release
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News Details
Ad-hoc | 29 November 2002 08:14
Fuchs Petrolub AG english
FUCHS: the success story continues Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– In the first nine months of the current business year, the globally operating lubricants producer FUCHS PETROLUB AG in Mannheim continued to perform successfully. Sales were up by 14.2 % in the year’s first nine months to reach EUR 811.2 million (710.6). The group’s operating profit rose by 47.4 % to reach EUR 69.3 million (47.0), with net income in the year’s first three quarters up by 153.3 % at EUR 19.0 million (7.5). In conformity with international accounting standards (IAS), acquisition goodwill was for the first time amortized in its full amount of EUR 11.4 million and deducted from the profit on a pro rata temporis basis. Before this goodwill amortization, the profits after taxes came to EUR 30.4 million (15.4). Earnings per share for the January- September period increased to EUR 12.4 (6.1) before and EUR 7.6 (2.8) after goodwill amortization. Mannheim, 29 November 2002 FUCHS PETROLUB AG Public Relations Friesenheimer Str. 17 D-68169 Mannheim Tel.: +49 621 3802 – 104 The ad-hoc release is also available on the Internet under http://www.fuchs- oil.de. end of ad-hoc-announcement (c)DGAP 29.11.2002 ——————————————————————————– WKN: 579040; ISIN: DE0005790406; Index: SDax Listed: Amtlicher Markt in Frankfurt (SMAX), Stuttgart; Freiverkehr in Berlin, Hamburg; Swiss Exchange 290814 Nov 02