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Fuchs Petrolub SE (FPEG.DE)

FPEG.DE on Xetra

31.70EUR
9:05pm IST
Change (% chg)

€-0.65 (-2.01%)
Prev Close
€32.35
Open
€32.00
Day's High
€32.25
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€31.65
Volume
80,904
Avg. Vol
22,688
52-wk High
€47.60
52-wk Low
€30.65

Latest Key Developments (Source: Significant Developments)

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

Fuchs Announces Acquisition Of Nulon Products Australia Pty Ltd
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Fuchs Petrolub SE ::DGAP-NEWS: FUCHS ANNOUNCES ACQUISITION OF NULON PRODUCTS AUSTRALIA PTY LTD.CLOSING IS EXPECTED AT BEGINNING OF Q2.  Full Article

Fuchs Petrolub Says EBIT UP 3 Pct In 2018
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Fuchs Petrolub SE ::DGAP-NEWS: FUCHS PUBLISHES PRELIMINARY FIGURES FOR THE 2018 FINANCIAL YEAR: SALES REVENUES INCREASE TO EUR 2.6 BILLION, EBIT UP 3% ON PREVIOUS YEAR.FY REVENUE ROSE 4 PERCENT TO 2.6 BILLION EUR.SALES REVENUES: +4% TO EUR 2.6 BILLION.EARNINGS (EBIT) UP 3% TO EUR 383 MILLION.DIVIDEND PROPOSAL: +4% TO EUR 0.95 PER PREFERENCE SHARE.FOR 2019, FUCHS IS EXPECTING FURTHER GROWTH IN SALES REVENUES AND AN EBIT BELOW COMPARABLE PREVIOUS YEAR'S FIGURE (371).CURRENCY EFFECTS HAD A NEGATIVE EFFECT OF -3% ON GROWTH IN SALES REVENUES.  Full Article

Fuchs Petrolub Announces Supervisory Board Changes
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Fuchs Petrolub SE ::DGAP-NEWS: FUCHS PETROLUB ANNOUNCES CHANGING OF THE GUARD OF ITS SUPERVISORY BOARD IN 2019.DR. JÜRGEN HAMBRECHT INTENDS TO RESIGN FROM HIS POSITION AS CHAIRMAN OF SUPERVISORY BOARD.SUPERVISORY BOARD WILL PROPOSE TO SHAREHOLDERS' MEETING DR. KURT BOCK, FORMER CEO OF BASF SE, TO SUCCEED DR. HAMBRECHT.IN 2020, DR. ERHARD SCHIPPOREIT WILL RETIRE FROM SUPERVISORY BOARD.IN 2020, SUPERVISORY BOARD WILL PROPOSE DR. CHRISTOPH LOOS, CEO OF HILTI AG, FOR ELECTION TO SUPERVISORY BOARD.  Full Article

Fuchs Petrolub Expects 2 To 4 PCT EBIT Increase in 2018
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Fuchs Petrolub SE ::DGAP-NEWS: FUCHS RECORDS STRONG ORGANIC GROWTH - WEAKENING IN THE THIRD QUARTER.9M EPS 1.57 EUROS.FOR Q4, LOWER GROWTH RATES CAN BE EXPECTED DUE TO INCREASING GLOBAL TRADE DISPUTES, ECONOMIC UNCERTAINTIES SUCH AS BREXIT AND DIFFICULTIES OF CARMAKERS IN GERMANY AND DECLINING AUTOMOTIVE DEMAND IN CHINA.UPDATING ITS FORECAST FOR CURRENT FINANCIAL YEAR: IT IS EXPECTING SALES REVENUES GROWTH OF 3% TO 5%.EBIT BEFORE ONE-OFF EFFECTS IS EXPECTED AT PREVIOUS YEAR AND INCLUDING INCOME FROM SALE OF AN AT EQUITY SHARE, EBIT WILL INCREASE BY 2% TO 4%.  Full Article

Fuchs Petrolub 9-month EBIT Up 1% To EUR 285 Million
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Fuchs Petrolub SE ::DGAP-ADHOC: FUCHS ADJUSTS EARNINGS FORECAST FOR THE FULL YEAR.9-MONTH INCREASE IN SALES OF 5% TO EUR 1,953 MILLION (1,862).WE EXPECT OUR SALES GROWTH FOR FULL YEAR TO BE BETWEEN 3% AND 5%.WE EXPECT FY EBIT BEFORE SPECIAL EFFECT AS IN PREVIOUS YEAR (EUR 373 MILLION).9-MONTH EBIT GROWTH OF 1% TO EUR 285 MILLION.WE EXPECT AN EARNINGS GROWTH IN RANGE OF 2% AND 4% FOR FY.  Full Article

Fuchs Petrolub Buys Two Large Properties In Mannheim, Germany
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - FUCHS PETROLUB SE ::OVER THE COURSE OF THE NEXT YEARS, FUCHS WILL INVEST APPROXIMATELY EUR 50 MILLION IN THE EXPANSION OF THE MANNHEIM SITE.PURCHASE OF TWO LARGE PROPERTIES IN IMMEDIATE VICINITY OF ITS CURRENT LOCATION IN MANNHEIM, GERMANY.  Full Article

Fuchs Petrolub Sells Equity Holding In Switzerland
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - Fuchs Petrolub SE ::FUCHS SELLS EQUITY HOLDING IN SWITZERLAND.SOLD ITS 50% SHARE IN MOTOREX AG LANGENTHAL, FOUNDED IN 1973, FOR CHF 17 MILLION.SOLD SHARE TO FORMER LOCAL PARTNER, MOTOREX-BUCHER GROUP AG IN LANGENTHAL.  Full Article

Fuchs Petrolub Affirms Guidance After H1 Profit Rises 4 Pct
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Fuchs Petrolub SE ::SAYS INCREASES SALES REVENUES AND EARNINGS IN THE FIRST HALF OF THE YEAR - FORECAST FOR THE ENTIRE YEAR CONFIRMED.SAYS H1 REVENUE ROSE 5 PERCENT TO 1.311 BILLION EUR.SAYS H1 PROFIT AFTER TAX ROSE 4 PERCENT TO 140 MILLION EUR.OUTLOOK REAFFIRMED.  Full Article

Fuchs Petrolub Acquires Lubricants Business From Comercial Pacific Ltda
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Fuchs Petrolub SE ::STRENGTHENS PRESENCE IN SOUTH AMERICA WITH THE ACQUISITION OF THE LUBRICANTS BUSINESS FROM COMERCIAL PACIFIC LTDA., CHILE.FUCHS GROUP WILL HOLD 65% OF SHARES IN COMPANY AND COMERCIAL PACIFIC LTDA. REMAINING 35%..  Full Article

German stocks - Factors to watch on May 7

BERLIN/FRANKFURT, May 7 The following are some of the factors that may move German stocks on Tuesday: