AI assistant
FUCHS PETROLUB SE — Earnings Release 2002
Aug 30, 2002
170_rns_2002-08-30_440f1f71-e275-4c2c-aa54-ec8c9f124e12.html
Earnings Release
Open in viewerOpens in your device viewer
News Details
Ad-hoc | 30 August 2002 08:01
Fuchs Petrolub AG english
FUCHS: best half-year result in the group’s history Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– For the globally operating lubricants producer FUCHS PETROLUB AG in Mannheim, Germany, the first half of 2002 was extremely successful in terms of sales, profits and cash flow. Sales rose by 13.5 % to EUR 542.3 million (478.0) and the operating profit by 32 % to EUR 43.3 million (32.7). The half-year net income more than doubled, rising by 111 % to reach EUR 12.0 million (5.6). In conformity with IAS, goodwill was for the first time amortized in its full amount of EUR 5.4 million and deducted from the profit on a pro rata temporis basis. The half-year earnings per share rose to EUR 7.1 (4.4) before and EUR 4.8 (2.1) after goodwill amortization. Mannheim, 30 August 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 30.08.2002 ——————————————————————————– WKN: 579040; ISIN: DE0005790406; Index: SDax Listed: Amtlicher Markt in Frankfurt (SMAX), Stuttgart; Freiverkehr in Berlin, Hamburg; Swiss Exchange 300801 Aug 02