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Fuchs Petrolub SE (FPEG.DE)

FPEG.DE on Xetra

30.50EUR
3 Jul 2020
Change (% chg)

€0.15 (+0.49%)
Prev Close
€30.35
Open
€30.50
Day's High
€30.80
Day's Low
€30.30
Volume
20,265
Avg. Vol
37,384
52-wk High
€40.80
52-wk Low
€24.25

Latest Key Developments (Source: Significant Developments)

Fuchs Petrolub rules out applying for state aid
Thursday, 30 Apr 2020 

April 30 (Reuters) - Fuchs Petrolub SE CFO::SAYS RULES OUT APPLYING FOR LOAN FROM GERMAN STATE BANK KFW.  Full Article

Fuchs Petrolub Q1 Earnings After Tax Down At EUR 51 Mln
Thursday, 30 Apr 2020 

April 30 (Reuters) - FUCHS PETROLUB SE ::ACHIEVES SLIGHTLY LOWER SALES REVENUES IN THE FIRST QUARTER OF 2020 - SOLID FINANCIAL BASIS FORMS A FOUNDATION FOR FURTHER DEVELOPMENT.SLUMP IN SALES REVENUES AND EARNINGS IN CHINA RESULTED IN A DECLINE IN GROUP SALES REVENUES OF AROUND 4% AND HAD A SIGNIFICANT IMPACT ON EBIT OF EUR 72 MILLION, WHICH WAS 6% OR EUR 5 MILLION BELOW PREVIOUS YEAR.Q1 SALES REVENUES: -4% TO EUR 616 MILLION.Q1 EARNINGS (EBIT) DOWN 6% TO EUR 72 MILLION.FOR FIRST HALF OF YEAR SIGNIFICANT DECLINE IN EARNINGS IN ORDER OF 30% EXPECTED.ADJUSTED OUTLOOK FOR FULL YEAR 2020 IS NOT POSSIBLE UNDER CURRENT CIRCUMSTANCES.Q1 EARNINGS AFTER TAX DECLINED BY 7% TO EUR 51 MILLION.WILL BE UNABLE TO MEET ITS EXPECTATIONS FOR FULL YEAR AS PUBLISHED IN MARCH.  Full Article

Fuchs FY EBIT Down 16% At EUR 321 Mln
Thursday, 19 Mar 2020 

March 19 (Reuters) - Fuchs Petrolub SE ::DGAP-NEWS: FUCHS CONFIRMS PRELIMINARY FIGURES FOR THE FINANCIAL YEAR 2019: SALES REVENUES OF EUR 2.6 BILLION AT PREVIOUS YEAR'S LEV-EL, EBIT 16% BELOW PREVIOUS YEAR.FY SALES REVENUES: +0% TO EUR 2.6 BILLION.FY EARNINGS (EBIT): -16% TO EUR 321 MILLION.DIVIDEND PROPOSAL: +2% TO EUR 0.97 PER PREFERENCE SHARE.ANNUAL GENERAL MEETING POSTPONED.NEGATIVE EFFECTS OF CORONAVIRUS ON GLOBAL ECONOMY AND FUCHS GROUP CANNOT BE ESTIMATED AT PRESENT.CORONA EFFECTS WILL AT LEAST TEMPORARILY LEAD TO SIGNIFICANT DECLINES IN SALES AND EARNINGS.POSTPONEMENT OF RESOLUTION ON APPROPRIATION OF PROFITS AND DIVIDEND PAYMENT.  Full Article

Fuchs Petrolub Reports 2019 EBIT of €321 Mln, Proposes €0.97 Dividend
Thursday, 20 Feb 2020 

Feb 20 (Reuters) - Fuchs Petrolub SE ::DGAP-NEWS: FUCHS PUBLISHES PRELIMINARY FIGURES FOR 2019 FINANCIAL YEAR: SALES REVENUES AT PREVIOUS YEAR'S LEVEL AT EUR 2.6 BILLION, EBIT 16% BELOW PREVIOUS YEAR.EBIT DOWN -16% TO EUR 321 MILLION.DIVIDEND PROPOSAL: +2% TO EUR 0.97 PER PREFERENCE SHARE.FOR YEAR 2020, FUCHS EXPECTS GROWTH IN BOTH SALES REVENUES AND EBIT IN LOW TO MEDIUM SINGLE-DIGIT PERCENTAGE RANGE.ECONOMIC EFFECTS OF COVID-19 VIRUS ARE NOT YET FORESEEABLE.  Full Article

Fuchs Petrolub Strengthens Presence In Sub-Saharan Africa Through Joint Ventures
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - FUCHS PETROLUB SE ::FUCHS STRENGTHENS PRESENCE IN SUB-SAHARAN AFRICA THROUGH JOINT VENTURES.HAS ACQUIRED 50% OF SHARES OF THREE DISTRIBUTORS BASED IN ZIMBABWE, ZAMBIA AND MOZAMBIQUE.JOINT VENTURES EMPLOY 90 PEOPLE AND GENERATED SALES OF AROUND EUR 21 MILLION IN 2018 FINANCIAL YEAR.  Full Article

Fuchs Petrolub Buys Chemicals Process Management Business In North America
Friday, 1 Nov 2019 

Nov 1 (Reuters) - FUCHS PETROLUB SE ::FUCHS ACQUIRES CHEMICALS PROCESS MANAGEMENT BUSINESS IN NORTH AMERICA.THE ACQUIRED COMPANY ZIMMARK EMPLOYS 60 PEOPLE AND GENERATED EUR 4 MILLION IN SALES IN ITS FISCAL YEAR 2018, ALL OF THAT IN NORTH AMERICA.  Full Article

Fuchs Petrolub Specifies Outlook, Sees Significant Decline In Earnings
Wednesday, 30 Oct 2019 

Oct 30 (Reuters) - Fuchs Petrolub SE ::DGAP-NEWS: FUCHS GENERATES SALES REVENUES AT PREVIOUS YEAR'S LEVEL IN THE FIRST NINE MONTHS; DECLINE OF 17% IN EARNINGS IS LESS SIGNIFICANT THAN EXPECTED.9M PROFIT AFTER TAX 176 MILLION EUR.GIVEN ECONOMIC SITUATION, AND PARTICULARLY CONTINUING CRISIS IN AUTOMOTIVE INDUSTRY, FUCHS CONTINUES TO ANTICIPATE A SIGNIFICANT DECLINE IN EARNINGS IN COMPARISON TO PREVIOUS YEAR.BASED ON Q3, OUTLOOK FOR CURRENT YEAR IS SPECIFIED. FUCHS EXPECTS BOTH SALES REVENUES (-3% TO +0%) AND EBIT (-30% TO -20% BASED ON EBIT 2018 INCLUDING ONE-OFF INCOME) TO BE AT UPPER END OF RANGE OF FORECAST.WE ACHIEVED ORGANIC GROWTH OF EUR 1 MILLION IN Q3.EBIT FOR FIRST NINE MONTHS WAS DOWN 17% YEAR-ON-YEAR.DECLINE WAS THUS NOT AS SIGNIFICANT AS WE HAD FEARED BACK IN JULY.WITH AN EBIT MARGIN OF 12.6% AND AN EXTREMELY SOLID BALANCE SHEET, WE HAVE A HEALTHY BASIS FOR CONTINUATION OF OUR GROWTH AND MODERNIZATION PROGRAM.IN A DIFFICULT ECONOMIC ENVIRONMENT, FUCHS PETROLUB GENERATED SALES REVENUES ON A PAR WITH PREVIOUS YEAR IN FIRST NINE MONTHS OF 2019 AT EUR 1,952 MILLION (1,953).  Full Article

Fuchs Petrolub Acquires Specialty Synthetic Lubricant Manufacturer In The US
Monday, 21 Oct 2019 

Oct 21 (Reuters) - Fuchs Petrolub SE ::DGAP-NEWS: FUCHS ACQUIRES HIGH-PERFORMANCE SPECIALTY SYNTHETIC LUBRICANT MANUFACTURER IN THE US.SIGNED AN AGREEMENT TO ACQUIRE NYE LUBRICANTS INC..PARTIES EXPECT THAT TRANSACTION WILL CLOSE TOWARDS END OF 2019.PARTIES EXPECT THAT TRANSACTION WILL CLOSE TOWARDS END OF 2019.  Full Article

Fuchs Petrolub Adjusts Guidance After H1 Results
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Fuchs Petrolub SE ::FUCHS POSTS SLIGHT DECREASE IN SALES REVENUES OF 1% AND DECLINE IN EARNINGS OF 19% IN THE FIRST HALF OF THE YEAR - INVESTMENT INITIATIVE WILL BE CONTINUED.H1 REVENUE FELL 1 PERCENT TO 1.296 BILLION EUR.ACHIEVED EBIT MARGIN OF 12.1%.WE NO LONGER ANTICIPATE AN UPTURN IN AUTOMOTIVE SECTOR, WHICH IS IMPORTANT FOR US.REVISING OUR FORECAST FOR CURRENT YEAR DOWNWARD SIGNIFICANTLY.EARNINGS (EBIT) DOWN 19% AT EUR 157 MILLION.OUTLOOK FOR 2019 ADJUSTED: SALES REVENUES: BETWEEN -3% AND +0% (PREVIOUSLY BETWEEN +2% AND +4%).OUTLOOK FOR 2019 ADJUSTED: EBIT: BETWEEN -30% AND -20% (PREVIOUSLY BETWEEN -8% AND -5%).FUCHS PETROLUB H1 EBIT 157 MILLION EUR.FUCHS PETROLUB SAYS H1 EARNINGS AFTER TAX 112 MILLION EUR, DOWN 20%.  Full Article

Fuchs Petrolub Says Recovery In Second Half Of 2019 Not Visible
Friday, 5 Jul 2019 

July 5 (Reuters) - Fuchs Petrolub SE ::DECLINE IN SALES AND EARNINGS IN FIRST HALF OF 2019.RECOVERY IN SECOND HALF OF 2019 NOT VISIBLE.FUCHS GROUP ANTICIPATES A DECLINE IN SALES OF -1% TO EUR 1.3 BILLION IN FIRST SIX MONTH OF 2019 AND EARNINGS BEFORE INTEREST AND TAX (EBIT) CLOSE TO 20% BELOW PREVIOUS YEAR.REASON FOR THIS IS CONTINUED GLOBAL MARKET WEAKNESS, PARTICULARLY IN JUNE.GROUP WILL NOT BE ABLE TO ACHIEVE ITS FORECAST OF SALES GROWTH OF BETWEEN +2% AND +4% AND AN EBIT DECLINE OF BETWEEN -8% AND -5% FOR FULL YEAR 2019.AN UPDATED OUTLOOK FOR FULL YEAR WILL BE PUBLISHED AS PART OF HALF-YEAR FINANCIAL REPORT 2019 ON AUGUST 1.  Full Article

German stocks - Factors to watch on May 6

BERLIN, May 6The following are some of the factors that may move German stocks on Wednesday: