FUCHS PETROLUB SE — Earnings Release 2015

Apr 30, 2015

News Details

Corporate | 30 April 2015 07:00

FUCHS increases sales revenues and EBIT

DGAP-News: FUCHS PETROLUB SE / Key word(s): Interim Report

2015-04-30 / 07:00

---

FUCHS increases sales revenues and EBIT

• Sales revenues up 8% to EUR 493 million (currency adjusted +1%)
• Earnings (EBIT) rise by 8% to EUR 82 million
• Outlook for the financial year improved due to currency effects

The first three months of 2015 at a glance

Amounts in EUR million Q 1 2015 Q1 2014 Dev. %
Sales revenues (1) 492.6 456.8 7.8
Europe 278.3 284.5 -2.2
Asia-Pacific, Africa 146.5 119.4 22.7
North and South America 88.3 75.4 17.1
Consolidation -20.5 -22.5
Earnings before interest and tax (EBIT) 81.7 75.6 8.1
Earnings after tax 56.8 52.8 7.6
Earnings per share in EUR
Ordinary share 0.41 0.38 7.9
Preference share 0.41 0.38 7.9
Free cash flow 30.2 25.8 17.1
Investments in long-term assets 7.8 6.5 20.0
Employees as at March 31 4,141 3,981 4.0

(1) By company location

Performance
The globally operating lubricant producer FUCHS PETROLUB SE generated sales
revenues of EUR 493 million (457) in the first quarter of 2015, thus
representing an increase of 8%. Adjusted for currency effects, sales
revenues increased by 1%. The two minor acquisitions made by the Group in
Great Britain and South Africa / Australia in mid-2014 contributed just
under 2% to the increase in sales revenues. Organic sales revenues remained
slightly below the high level recorded in the same period of the previous
year (-1%).

Earnings before interest and tax (EBIT) increased by EUR 6 million or 8% to
EUR 82 million (76). At the same time, earnings after tax rose by EUR 4
million or 8% to EUR 57 million (53), while earnings per share also
increased by 8% to EUR 0.41 EUR (0.38) per ordinary and preference share.

Free cash flow reached a value of EUR 30 million (26).

Investments
In the period under review, the FUCHS PETROLUB Group invested EUR 8 million
(7) in property, plant and equipment. Around half of this sum was invested
in Germany. Larger investments are planned in subsequent quarters,
primarily in the US and Germany.

Employees
As at March 31, 2015, the global workforce of the FUCHS PETROLUB Group
consisted of 4,141 employees. Compared with the 4,112 employees recorded at
the end of the previous year, this represents an increase of 29 people.

Outlook
The FUCHS PETROLUB Group also expects increases in sales revenues for the
financial year. Should the euro remain weak, EBIT and earnings after tax
are set to increase by a mid to higher single-digit percentage. In terms of
free cash flow, the Group anticipates the amount to once again exceed EUR
150 million.

Mannheim, April 30, 2015

FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim Germany
Tel: +49 621 3802-1104
E-mail: tina.vogel@fuchs-oil.de

The information below can be accessed at the following web addresses:

Press release:
www.fuchs-oil.com

Interim report as at March 31, 2015:
http://www.fuchs-oil.com/ir_firstquarter.html

Press photos:
http://www.fuchs-oil.com/pressphotos1.html

Important note
This press release contains statements about future developments that are
based on assumptions and estimates by the management of FUCHS PETROLUB SE.
Even if the management is of the opinion that these assumptions and
estimates are accurate, future actual developments and future actual
results may differ significantly from these assumptions and estimates due
to a variety of factors. These factors can, for example, include changes in
the overall economic climate, changes in procurement prices, changes to
exchange rates and interest rates, and changes within the lubricants
industry. FUCHS PETROLUB SE provides no guarantee that future developments
and the results actually achieved in the future will match the assumptions
and estimates set out in this press release and assumes no liability for
such.

---

2015-04-30 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: FUCHS PETROLUB SE
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-7190
E-mail: ir@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich

End of News DGAP News-Service

350759 2015-04-30