FUCHS PETROLUB SE — Earnings Release 2001

Apr 26, 2002

News Details

Ad-hoc | 26 April 2002 07:58

Fuchs Petrolub AG english

FUCHS bucks the trend by increasing both sales and operating profits Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– FUCHS bucks the trend by increasing both sales and operating profits In a market environment characterized by a sluggish economy worldwide and declining demand for lubricants, FUCHS PETROLUB AG in Mannheim, Germany, a globally operating producer of lubricants, succeeded in upping its sales by 4.2 % to reach EUR 940 m and its operating profits by 9.7 % to EUR 61 m in 2001. Due to exceptional items and an increased financing outlay, the group’s net income for the year, at EUR 16.2 m, did not repeat the all-time best result of 2000 (18.5 m). Capital expenditures on tangible and intangible assets were EUR 28.7 m, down from the preceding year’s figure of 32.5. The worldwide workforce showed a slight shrinkage, at 3,871 on 31 December 2001. An unchanged cash dividend of EUR 3.87 per ordinary share and EUR 4.38 per preference share will be proposed to the Annual General Meeting. For the ongoing year, the group anticipates sales in excess of EUR 1 bn and rising profits. Mannheim, 26 April 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 26.04.2002 ——————————————————————————– WKN: 579040; ISIN: DE0005790406; Index: SDax Listed: Amtlicher Handel in Frankfurt (SMAX), Stuttgart; Freiverkehr in Berlin, Hamburg; Swiss Exchange 260758 Apr 02