FUCHS PETROLUB AG Press Releases

FUCHS acquires food grade lubricants business from Shell

Thu, 05 Aug 2010 15:30:00 +0200

FUCHS PETROLUB AG, based in Mannheim, which develops, blends and markets lubricants has, with effect from October 1, 2010, acquired the worldwide food grade specialty lubricants business of Shell International Petroleum, London.

In 2009, Shell generated sales revenues of EUR 21 million in their food grade lubricants business. Shell�s broad spectrum of customers includes leading international producers of food and beverages.

FUCHS� acquisition includes product technology, the customer base, the global CASSIDA brand, as well as those employees working in sales and research and development. With this acquisition the FUCHS PETROLUB Group expands its current product range in food grade lubricants becoming a leading international supplier in this market segment. This is a further decisive strategic step by FUCHS in expanding and strengthening its specialty business.

FUCHS is the world's largest independent marketer of lubricants and related specialties. The FUCHS PETROLUB Group generated sales revenues of EUR 1.2 billion and profit after tax of EUR 121 million in the financial year 2009. The Group currently has 3,515 employees worldwide.

Mannheim, August 5, 2010

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0) 621 3802-1124

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

Press release:
www.fuchs-oil.com

Press photos:
http://www.fuchs-oil.de/pressphotos.html photogallery0.html

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.

FUCHS continues the sound development of the previous quarters into the second quarter of 2010

Tue, 03 Aug 2010 07:00:00 +0200

- Sales revenues close to pre-crisis levels
- Profit after tax increases to EUR 86.5 million
- Significant increases in the price of raw materials in the second half of the year

The first six months of 2010 at a glance

(Values in EUR million)	1-6/2010	1-6/2009
Sales revenues (1)	700.7	569.6
Europe	422.7	361.5
Asia-Pacific, Africa	182.4	135.9
North and South America	116.5	85.2
Consolidation	- 20.9	-13.0
Earnings before interest and tax (EBIT)	123.9	66.7
Profit after tax	86.5	43.1
Earnings per share in EUR
Ordinary share	3.62	1.80
Preference share	3.65	1.83
Gross cash flow	75.8	50.0
Capital expenditure(2)	14.7	15.2
Employees (as at June 30)	3,515	3,593

(1) By company location
(2) In property, plant and equipment and intangible assets

Performance
The growth in sales revenues enjoyed by the FUCHS PETROLUB Group continued to accelerate in the second quarter of 2010. At EUR 700.7 million, total revenue is 23.0% higher for the first half of the year than the first half of the previous year (569.6) and is only 2.5% below the pre-crisis level (EUR 718.7 million in the first half of 2008). The 23.0% growth in sales revenues in the first six months of 2010 was primarily driven by the regions of Asia-Pacific, Africa and North and South America. These regions significantly exceeded their 2009 and also their 2008 figures. The positive growth trend also continued in Europe.

The FUCHS PETROLUB Group not only recorded a significant increase in sales revenues, but also enjoyed above-average improvements in its earnings before interest and tax as well as its earnings after tax.

At EUR 279.8 million, gross profit was 35.2% or EUR 72.9 million up on the same period last year (206.9). Marketing & sales, administration and research & development expenses increased by 12.2% or EUR 17.3 million to a level of EUR 159.6 million (142.3) which means they increased at a lower rate than sales revenues. After taking into account other operating income and expenses and investment income, earnings before interest and taxes (EBIT) increased by 85.8% to EUR 123.9 million (66.7).

The financial result and the rate of taxation also enjoyed positive development. The financial result improved due to liquidity (-EUR 3.0 million compared to -EUR 4.7 million in the previous year) and the rate of taxation was lower due to the mix (28.5% compared to 30.5% in the previous year). As a result of this, the Group was able to double its profit after tax in the first half of 2010 over the previous year's figure to EUR 86.5 million (43.1).

Capital expenditure and investments in companies
The investments in property, plant and equipment and intangible assets by the FUCHS PETROLUB Group were EUR 14.7 million (15.2) in the first half of 2010. The main focuses of investment were the ongoing construction of the not yet completed facility in India, an acquisition of land in South Africa and the construction projects in Mannheim. A new research and development center and a sales center are currently under construction at the headquarters of the FUCHS PETROLUB Group.

Employees
As at June 30, 2010, the global workforce of the FUCHS PETROLUB Group consisted of 3,515 employees, which is 27 more than at the start of the year (3,488). The new appointments were made at the companies in the regions of Asia-Pacific and South America, which have been enjoying healthy growth.

Outlook
The marked increases in sales revenues and earnings recorded in the first half of the year due to a base effect cannot simply be extrapolated over the rest of the year. In addition to this, the gross margin is set to drop in the coming months due to increased raw material prices, which means that we are unlikely to see a repeat of the above-average earnings before interest and taxes (EBIT) recorded in the first six months for the second half of 2010. FUCHS strives to surpass the EBIT mark of EUR 200 million in 2010 and thereby generating the highest EBIT in the Group's history.

Mannheim, August 3, 2010

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0) 621 3802-1124

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

Press release:
www.fuchs-oil.com

Interim report for the first six months and second quarter 2010:
http://www.fuchs-oil.de/qr_sixmonths.html

Press photos:
http://www.fuchs-oil.de/photogallery0.html

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.

Ad hoc: FUCHS PETROLUB: Significant growth - sales revenues close to pre-crisis level

Fri, 23 Jul 2010 16:47:00 +0200

In the second quarter of 2010, the growth in the FUCHS PETROLUB Group's sales revenues continued to accelerate. At the same time, the Group was able to show an above-average growth in its earnings before interest and tax (EBIT) and earnings after taxes. Both sales revenues and earnings in the second quarter exceeded expectations.

During the first six months sales revenues of EUR 700.7 million (569.6) and EBIT of EUR 123.9 million (66.7) were achieved. Profit after tax amounts to EUR 86.5 million (43.1). All of the aforementioned figures are preliminary.

Due to the significant raw material price increases, the gross margin will decline in the coming months. The results of the previous quarters should therefore not be extrapolated to the second half of 2010. For the entire year we strive to surpass the EBIT mark of EUR 200 million and thereby record the highest EBIT in the Group�s history.

The complete interim report for the first six months of 2010 will be published as planned on August 3, 2010.

Mannheim, July 23, 2010

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: +49 (0) 621 3802-1124

This ad hoc message is also available on the internet at www.fuchs-oil.com

Important note
This ad hoc message contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this ad hoc message and assumes no liability for such.

FUCHS PETROLUB Group makes positive start to 2010

Mon, 03 May 2010 07:00:00 +0200

- Increase in demand continues
- Profit after tax in the first quarter of 2010 increased to EUR 40.6 million
- Strong dynamics in the regions of Asia-Pacific, Africa and South America

The first quarter of 2010 at a glance

(Values in EUR million)	1-3/2010	1-3/2009
Sales revenues (1)	330.4	278.5
Europe	203.6	177.9
Asia-Pacific, Africa	83.7	61.2
North and South America	53.4	44.8
Consolidation	-10.3	-5.4
Earnings before interest and tax (EBIT)	58.7	26.5
Net profit for the first quarter	40.6	16.2
Earnings per share in EUR
Ordinary share	1.70	0.67
Preference share	1.72	0.69
Gross cash flow	42.7	20.1
Capital expenditure (2)	6.9	7.2
Employees (as at March 31)	3,496	3,730

(1) By company location.
(2) In property, plant and equipment and intangible assets.

Performance
At EUR 330.4 million, the sales revenues recorded by the FUCHS PETROLUB Group in the first quarter of 2010 once again exceeded the previous quarter's figures (304.9). The development observed in 2009, with sales revenues increasing consistently from quarter to quarter, therefore also continued into 2010. Compared to the same quarter of the previous year (278.5), which was particularly hard hit by the financial and economic crisis, this represents a 18.6 % increase.

It is encouraging to see that the regions of North and South America and Asia-Pacific, Africa managed to record even higher sales revenues than in the first quarter of 2008. In Europe, on the other hand, it has not yet been possible to reach the revenue levels achieved in 2008. This was mainly due to giving up a low margin toll processing business in Great Britain.

Furthermore the pleasing trend in earnings from the second half of 2009 continued into the beginning of 2010. The increase in sales revenues was accompanied by a disproportionately high growth in earnings.

Earnings before interest and taxes (EBIT) reached a level of EUR 58.7 million (26.5). It was also possible to more than double earnings after taxes to EUR 40.6 million (16.2) compared with the very weak first quarter of 2009.

All three regions significantly increased their segment earnings. Europe, which was hit hardest by the crisis, is enjoying the most pronounced recovery. Segment earnings increased to EUR 31.7 million (13.2). Earnings in the region Asia-Pacific, Africa also enjoyed good growth, reaching EUR 17.2 million (8.2). The North and South America region recorded segment earnings of EUR 11.7 million (6.2).

Capital expenditure and investments in companies
The FUCHS PETROLUB Group made investments of EUR 6.9 million (7.2) in property, plant and equipment and intangible assets in the first quarter of 2010. The key focus of investment was the new research and development and sales center in Mannheim, and the construction of a new facility in India.

Employees
As at March 31, 2010, the global workforce of the FUCHS PETROLUB Group consisted of 3,496 employees, which is eight more than at the start of the year (3,488). The new appointments were made at the companies in the regions of Asia-Pacific and South America, which have been enjoying healthy growth.

Outlook
The macroeconomic situation in the last few months has improved throughout the world. However, the high national debt of some countries creates uncertainty for the further recovery of the real economy. The growing demand for industrial products and lubricants is accompanied by a corresponding increase in raw material prices. For several weeks, base oil, chemicals and other additive prices have consequently experienced considerable rises worldwide.

The FUCHS PETROLUB Group is planning for increased sales revenues and earnings compared to the previous year in all three regions of the Group. The Group is striving to exceed its highest EBIT recorded to date, which was EUR 195.2 million in the year 2007. However, the marked increases in sales revenues and earnings recorded in the first quarter of 2010 due to a base effect can not just be extrapolated to the rest of the year. In the following quarters increasing prices for raw materials will also make it difficult to repeat the above-average earnings before interest and tax (EBIT) recorded in the first quarter of 2010.

Investments in research and development as well as in growth markets are running as scheduled. Regardless of these investments, the Group will record a good level of free cash flow in comparison with recent years.

Mannheim, May 3, 2010

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0) 621 3802-1124

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

Press release:
http://www.fuchs-oil.com

Interim report for the first quarter of 2010:
http://www.fuchs-oil.de/qr_firstquarter.html

Press photos:
http://www.fuchs-oil.de/photogallery0.html

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.

Earnings improved after a difficult start to 2009

Thu, 25 Mar 2010 07:00:00 +0100

- Earnings before interest and tax reach EUR 179.9 million (171.7)
- Free cash flow increased to EUR 180.8 million
- Dividend set to increase to EUR 1.70 per preference share

The financial year 2009 at a glance

(Values in EUR million)	2009	2008
Sales revenues (1)	1,178.1	1,393.7
Europe	742.5	945.0
North and South America	176.9	206.0
Asia-Pacific, Africa	289.8	275.0
Consolidation	-31.1	-32.3
Earnings before interest and tax (EBIT)	179.9	171.7
Profit after tax	121.4	110.3
Earnings per share in EUR
Ordinary share	5.07	4.43
Preference share	5.13	4.49
Dividends per share in EUR
Ordinary share (2)	1.64	1.54
Preference share (2)	1.70	1.60
Free cash flow	180.8	7.5
Capital expenditure (3)	29.9	46.6
Employees (as at December 31)	3,488	3,855

(1) By company location
(2) Dividend proposed for 2009 to the Annual General Meeting on May 5, 2010
(3) In property, plant and equipment and intangible assets

Performance
The worldwide economic recession, triggered by the financial crisis, had a major effect on demand for lubricants in 2009. The FUCHS PETROLUB Group was also impacted by this. As such, sales revenues fell by 15.5% to a level of EUR 1,178.1 million in 2009 despite positive price effects. And the slight external growth of 0.7% recorded was consumed by negative effects of currency exchange rates of 0.8%.

By taking early and consistent action, and thanks to a slight improvement in the economic framework conditions in the second half of the year, FUCHS PETROLUB was able to increase profit after tax to EUR 121.4 million and earnings per share by 14% year on year.

It was possible to limit the effect of the significant drop in sales revenue with cost-cutting measures in the form of structural adjustments to the reduced level of business, and through a recovery in the gross margin, which had been under pressure in the previous year. In view of this fact, the gross profit of EUR 457.1 million recorded by the Group was just 6.4% or EUR 31.0 million below the previous year's level (488.1).

Indeed, total sales, administration and R&D expenses fell by 9.6% or EUR 30.2 million year on year. FUCHS was thereby able to record operating profit of EUR 174.0 million, which was just EUR 0.8 million or 0.5% below the previous year's level (174.8). Earnings before interest and tax (EBIT) increased by 4.8% or EUR 8.2 million to EUR 179.9 million (171.7).

The tax rate fell to 29.8% (32.2). Following the deduction of tax expenses of EUR 51.5 million (52.5), profit after tax amounts to EUR 121.4 million, which is EUR 11.1 million or 10.1% more than in 2008 (110.3).

Capital expenditure and investments in companies
In the reporting year the FUCHS PETROLUB Group continued with its investment program announced mid-2008 comprising the two German sites in Mannheim and Kaiserslautern as well as in China, India and Brazil. Apart from these investments in the future, all other investments were curtailed. At EUR 30.1 million (46.6) investments in property, plant and equipment and intangible assets were significantly down.

Employees
As at December 31, 2009, the FUCHS PETROLUB Group employed 3,488 people worldwide (3,855). Due to the alignment of the Group's global infrastructure to a lower business volume, the total number of employees fell by 367 people or 9.5% compared to the previous year.

2,474 (2,761) people or 71% of staff were employed abroad and 1,014 (1,094) in Germany.

Proposed dividend
The Supervisory Board and Executive Board will propose to the Annual General Meeting on May 5, 2010 that the dividend for 2009 be raised by EUR 0.10 per share to EUR 1.64 (1.54) per ordinary share and EUR 1.70 (1.60) per preference share compared to the previous year. An increase in the total dividend payout to EUR 39.5 million (37.1) would result in an increase of the dividends of 6.5% per ordinary share and 6.3% per preference share.

Forecast
The macroeconomic situation started to show improvement in many countries in the second half of 2009 and the start of 2010, although the high level of previous years is unlikely to be reached in the foreseeable future. This trend continued into the first two months of 2010.

To what extent the global economic recovery predicted by experts and associations will be a continuous and permanent process, or whether it will come in waves currently remains unclear. FUCHS PETROLUB expects to see a moderate global economic recovery for 2010 as a whole. FUCHS therefore anticipates moderate growth with regard to lubricant demand in 2010.

On this basis, FUCHS is planning for increases in terms of sales revenues and earnings compared to the previous year in all three global regions. Due to a base effect, the first half of 2010 is likely to see the greatest benefit from this. However, the above-average earnings before interest and tax (EBIT) of the second half of 2009 has set the bar high, which should not be extrapolated into the future.

Mannheim, March 25, 2010

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: ++49 (0) 621 3802-1124

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

Press release:
http://www.fuchs-oil.com

Annual report 2009:
http://www.fuchs-oil.de/annual_report09.html

Press photos:
http://www.fuchs-oil.de/pressphotos.html

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.

Ad hoc - FUCHS managed the difficult year 2009 successfully

Tue, 16 Feb 2010 08:00:00 +0100

-          Earnings before interest and taxes reached EUR 179.9 million (171.7)
-          Free cash flow increased to approximately EUR 180 million
-          Dividend proposed to increase to EUR 1.70 per preference share

FUCHS PETROLUB AG, with global operations in the lubricants industry, recorded revenues of EUR 1,178 million (1,394) in the financial year 2009. Despite the material decrease in revenues due to the world wide financial crisis and the consequent economic collapse, we exceeded our previous year's earnings before interest and taxes (EBIT). EBIT was EUR 179.9 million (171.7), which represents an increase of almost 5%. Earnings after taxes were EUR 121.4 million (110.3). Earnings per ordinary share were EUR 5.07 (4.43) and per preference share EUR 5.13 (4.49), both approximately 14% above the previous year's level. All figures are still provisional.

Cash flow in the reporting year reached a record level. The reduction of high levels of inventory and the positive earnings development generated a free cash flow of approximately EUR 180 million (7.5).

Subject to a corresponding resolution of the Supervisory Board on March 24, 2010, the Executive Board at FUCHS PETROLUB AG will propose a dividend of EUR 1.70 (1.60) per preference share and EUR 1.64 (1.54) per ordinary share to the Annual General Meeting to be held on May 5, 2010.

In 2010 FUCHS PETROLUB will once again strive to attain organic revenue growth. However, it may not be assumed, that the exceptionally good earnings before interest and taxes (EBIT) generated in the
second half of 2009 will be maintained in the future.

The complete financial statements for 2009 will be published on March 25, 2010 and presented at the balance sheet press conference. This ad hoc announcement replaces the release of provisional figures for the 2009 annual financial statements as listed in our financial calendar.

Key figures of the Group

(Values in EUR million)	2009 (1)	2008
Sales revenues	1,178.1	1,393.7
EBIT	179.9	171.7
Profit after tax	121.4	110.3
Earnings per share in EUR
Ordinary share	5.07	4.43
Preference share	5.13	4.49
Dividends in EUR
Ordinary share	1.64 (2)	1.54
Preference share	1.70 (2)	1.60
Free cash flow	ca. 180	7.5

(1) Provisional figures
(2) Proposal of the Executive Board

Mannheim, February 16, 2010

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: +49 (0) 621 3802 � 1124

This ad hoc message is also available on the internet at http://www.fuchs-oil.com.

Important note
This ad hoc message contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this ad hoc message and assumes no liability for such.

EUR 82 million profit after tax for the first nine months of the year

Fri, 06 Nov 2009 07:00:00 +0100

- Earnings fall just 13% compared with the previous year despite a 19% drop in sales revenues
- Measures to improve profitability are succeeding
- Positive development of earnings in the Asia-Pacific, Africa region
- Free cash flow rose to EUR 125 million

The first nine months of 2009 at a glance

(Values in EUR million)	1-9/2009	1-9/2008
Sales revenues (1)	873.2	1,083.5
Europe	553.7	743.7
North and South America	129.9	154.0
Asia-Pacific, Africa	211.1	212.4
Consolidation	-21.5	-26.6
Earnings before interest and tax (EBIT)	122.7	144.5
Profit after tax for the first nine months	81.8	94.1
Earnings per share in EUR
Ordinary share	3.41	3.76
Preference share	3.46	3.81
Gross cash flow	89.7	103.8
Capital expenditure (2)	22.1	31.6
Employees (as at September 30)	3,536	3,886

(1) By company location
(2) In property, plant and equipment and intangible assets

Performance
The FUCHS PETROLUB Group recorded profit after tax of EUR 81.8 million (94.1) in the first nine months of 2009. The drop in earnings compared to the previous year came to just 13.1%, despite sales revenue falling 19.4% to EUR 873.2 million (1,083.5).

The figures for the first nine months of 2009 showed an improved earnings position compared to the previous quarters. Slight increases in sales revenues, an increase in the gross margin and reductions in costs were the reasons behind this. The gross profit of EUR 335.1 million (388.6), which fell by only 13.8%, saw better relative development than sales revenues. Personnel and overhead costs decreased by EUR 27.8 million or 11.5%.

As a result, the Group recorded earnings before interest and tax (EBIT) of EUR 122.7 million (144.5). The measures for improving profitability are clearly having a positive effect. After financing expenses of EUR 6.4 million (6.4), which remained at the same level as the previous year and after income taxes of EUR 34.5 million (44.0), earnings of EUR 81.8 million (94.1) were generated.

The excellent trend in results in the Asia-Pacific, Africa region also continued into the third quarter. At EUR 38.5 million (26.1), the region was able to improve on its results from the previous year by nearly fifty percent in the first nine months of 2009. The companies in the Middle East, China and South Africa were the key contributors to the increase in earnings.

At EUR 125.2 million (-14.4), the Group generated a high level of free cash flow in the first nine months of 2009. A significant reduction in inventories was one key contributor to this success. This made it possible to reduce financial liabilities by EUR 55.6 million and increase the Group's cash and cash equivalents by a further EUR 26.6 million. With equity of EUR 357.8 million and an equity ratio of 50.9%, the Group's net assets and financial position remain healthy.

Capital expenditure and investments in companies
Investments in property, plant and equipment and intangible assets were EUR 22.1 million (31.6) in the first nine months of 2009. Just under a half of this was due to the expansion of the site for the specialty business in Kaiserslautern. The facility has now been completed and is already in use.

At the beginning of August, FUCHS took over a specialty business for forging and special lubricants from DYLON Industries, Inc. in the US. This company generated revenue of USD 9 million in 2008 (EUR 7 million).

Employees
As at September 30, 2009, the global workforce of the FUCHS PETROLUB Group consisted of 3,536 employees. The reduction of 319 staff members since the end of 2008 is primarily due to the cost cutting measures that followed the significant drop in sales volume since the fourth quarter of 2008.

Outlook
For the fourth quarter, FUCHS expects to see a smaller drop in sales revenues than in the first nine months of the year. This is primarily due to the previous year's comparative figures being lower than those of the previous quarters. In terms of earnings before interest and tax, the Group's objective is to further reduce the disparity in earnings relative to the previous year. Alongside overall economic development, factors playing a key part in achieving this goal also include the price trends in the various markets. FUCHS expects to maintain the healthy free cash flow generated in the first nine months throughout the entire year.

Mannheim, November 6, 2009

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0) 621 3802-124

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

Press release:
http://www.fuchs-oil.com

Quarterly report for the first nine months of 2009:
http://www.fuchs-oil.de/fileadmin/fuchs_upload/pdf_addons/QR2009/QB78e.pdf

Press photos:
http://www.fuchs-oil.de/pressphotos.html

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.

Earnings development of FUCHS PETROLUB above expectations

Thu, 22 Oct 2009 16:40:00 +0200

The preliminary third quarter results of the worldwide operating FUCHS PETROLUB Group are above previous expectations. The early measures taken to strengthen the earnings and the stabilization of markets at a low level have had a positive impact. However, the recovery is slow and its sustainability remains to be seen.

In the first nine month of the year 2009 sales of EUR 873 million (1,084) and earnings before interest and taxes (EBIT) of EUR 122 million (144) were achieved. This means, that previous forecasts on earnings have been surpassed substantially, even if the earnings compared with the same period of the previous year fell short by 15%. Profit after tax is EUR 81 million (94). All figures mentioned are preliminary.

The complete figures for the first three quarters of 2009 will be published as scheduled on November 6, 2009.

Mannheim, October 22, 2009

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Phone: ++49 (0) 621 3802-124

The ad hoc message can also be found in the internet at www.fuchs-oil.com.

Important note
This ad hoc message contains statements about future development that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes to the overall economic climate, changes to exchange rates and interest rates and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this ad hoc message and assumes no liability for such.

Profit after tax of EUR 43 million for the first six months

Thu, 06 Aug 2009 07:00:00 +0200

-          Demand remains weak
-          Measures for strengthening earnings take hold
-          Positive development of earnings in the Asia-Pacific, Africa region
-          Free cash flow rose to EUR 89 million

The first half year of 2009 at a glance

(Values in EUR million)	1-6/2009	1-6/2008
Sales revenues (1)	569.6	718.7
Europe	361.5	498.3
North and South America	85.2	98.2
Asia-Pacific, Africa	135.9	139.6
Consolidation	-13.0	-17.4
Earnings before interest and tax (EBIT)	66.7	98.4
Midyear profit after tax	43.1	65.1
Earnings per share in EUR
Ordinary share	1.80	2.59
Preference share	1.83	2.62
Gross cash flow	50.0	71.2
Capital expenditure (2)	15.2	18.8
Employees (as at June 30)	3,593	3,883

(1) By company location
(2) In property, plant and equipment and intangible assets

Performance
The FUCHS PETROLUB Group was also impacted by the significant drop in global demand for lubricants in the first half of 2009. Sales revenues fell by 20.7% compared with the previous year's figures, reaching a level of EUR 569.6 million (718.7). The figures for the second quarter were slightly better than those of the first quarter (4.5%).

At EUR 206.9 million (260.3), gross profit was 20.5% below the level for the same period of the previous year. At 36.3%, the gross margin remained at the previous year's level (36.2). Through the implementation of cost-cutting measures across all divisions, it was possible to partially offset the decline in gross profit. The savings in payroll costs since the beginning of the year and lower non-payroll expenses, led to a drop in functional area costs of 12.2% to a level of EUR 142.3 million (162.0).

Earnings before interest and taxes (EBIT) reached a level of EUR 66.7 million (98.4). The EBIT margin, i.e. EBIT in relation to sales revenues, reached a level of 11.7% (13.7). At EUR 40.2 million, EBIT in the second quarter was significantly above the figure from the first quarter (26.5).

After financing expenses of EUR 4.7 million and income tax of EUR 18.9 million (29.3), earnings were EUR 43.1 million (65.1).

The Asia-Pacific, Africa region enjoyed a positive development. At EUR 23.3 million (17.6), this region increased earnings by almost one third.

Cash flow development remained strong, primarily due to the reduction in inventories: The Group generated a free cash flow of EUR 89 million in the first half of 2009. This allowed financial liabilities to be reduced and the liquidity cushion to be increased.

Capital expenditure and investments in companies
Investments in property, plant and equipment and intangible assets were EUR 15.2 million (18.8) in first half of 2009.

At the start of August, FUCHS PETROLUB AG acquired the lubricant business of DYLON in the US via its US subsidiary FUCHS LUBRICANTS CO. The key segment here is the specialty business in the areas of forging and special greases, which generated sales revenue of USD 9 million in 2008 (EUR 7 million).

Employees
As at June 30, 2009, the Group's workforce consisted of 3,593 employees. The reduction by 262 employees since the end of 2008 is due to adjustments that have been made to cater for the sharp downward trend in the Group's sales revenues worldwide.

Outlook
In the light of the global recession, FUCHS also expects to see sales revenues below those of the previous year in the second half of the year. The Group strives to achieve similar earnings in the second half of the year as in the first half of 2009. To what extent general economic developments will permit that remains to be seen. FUCHS PETROLUB intends to at least maintain the good cash flow of the first half of the year throughout the entire year. At the same time, the Group continues its investments in the specialty business, in research and development and in growth markets.

Mannheim, August 6, 2009

FUCHS PETROLUB AG
Public Relations
Friesenheimer Stra�e 17
68169 Mannheim
Germany
Phone: ++49 (0)621 3802-124

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

Press release:
http://www.fuchs-oil.com

Interim report for the first six months and second quarter 2009:
http://www.fuchs-oil.de/fileadmin/fuchs_upload/pdf_addons/QR2009/QB63e.pdf

Press photos:
http://www.fuchs-oil.de/pressphotos.html

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.

As expected, net profit of �16 million for the first quarter of 2009 remained at the level of the fourth quarter of 2008

Tue, 05 May 2009 07:00:00 +0200

As expected, net profit of �16 million for the first quarter of 2009 remained at the level of the fourth quarter of 2008

-          Fall in demand continues
-          Cost-cutting measures are taking effect
-          Free cash flow rose to �39 million
-          Group equity ratio improved from 45 % to 47 %

Performance
The FUCHS PETROLUB Group was unable to defy the recession in the first quarter of 2009 and, like the global lubricants market, recorded a significant drop in demand. Revenue was �278.5 million (350.7), a fall of 20.6 % against the very strong first quarter of 2008.

As a result of the decline in sales revenue, the gross profit of �95.3 million (128.3) fell by �33.0 million or 25.7 %. The gross margin was 34.2 % (36.3). In the immediately preceding fourth quarter this figure was 32.1 %. Cost reductions in all areas partly compensated for the fall in gross profit to a certain extent: In particular, expenses relating to sales and administration were reduced, while R&D expenses were largely maintained at the previous year's levels.

Earnings before interest and tax (EBIT) amounted to �26.5 million (48.7), 45.6 % less than in the previous year. The EBIT margin, that is the EBIT in relation to sales revenues, is 9.5 % (13.9). The comparison with the fourth quarter of 2008 shows that the gross margin is growing and our cost reduction measures are taking effect. After income taxes of �7.6 million (14.8), this leaves a net profit of �16.2 million (32.1). Earnings per ordinary share amount to �0.67 (1.27), while earnings per preference share are �0.69 (1.28).

Despite the difficult economic conditions, the net assets and financial position of the Group remains stable. It was even possible to increase the equity ratio to 47.0 % (44.8 % at the end of 2008).

Cash flow development was pleasing, primarily due to the reduction in inventories: The Group generated a free cash flow of �39.2 million in the first quarter of 2009. This allowed financial liabilities to be reduced and the liquidity cushion to be increased.

Employees
As of March 31, 2009, the workforce of the FUCHS PETROLUB Group consisted of 3,730 employees worldwide;
this is 125 less than at the beginning of the year. The drop in staff numbers in all regions is a reflection of the initial measures taken to adapt to the considerable decline in the Group's global sales revenues.

Outlook
There are currently no indications of a significant improvement in the economic situation and therefore in the demand for lubricants. In the first quarter, the FUCHS PETROLUB Group has taken the necessary measures required to secure its earning power in this environment while at the same time equipping it for the future. These measures include both expanding and securing profitable revenue sources and continuing strict cost management, while at the same time paying increasing attention to the cash flow. The above measures and the continuation of the investment in the specialty business, research and development and growth markets ensure the Group remaining on a firm footing for the future.

The extent to which the economic development will allow the following quarters to see similar or even higher earnings before interest and tax than that achieved in the first quarter of 2009 remains to be seen.

The first quarter of 2009 at a glance

(in � million)	1-3/2009	1-3/2008
Sales revenues (1)	278.5	350.7
Europe	177.9	244.0
North and South America	44.8	48.3
Asia-Pacific, Africa	61.2	66.3
Consolidation	-5.4	-7.9
Earnings before interest and tax (EBIT)	26.5	48.7
Net profit for the first quarter	16.2	32.1
Earnings per share in �
Ordinary share	0.67	1.27
Preference share	0.69	1.28
Gross cash flow	20.1	35.3
Capital expenditure (2)	7.2	8.0
Employees (as at March 31)	3,730	3,829

(1) By company location
(2) In property, plant and equipment and intangible assets

Mannheim, May 5, 2009

FUCHS PETROLUB AG
�ffentlichkeitsarbeit
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0) 621 3802-124

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

Press release:
www.fuchs-oil.com

Quarterly report for the first quarter of 2009:
http://www.fuchs-oil.de/fileadmin/fuchs_upload/pdf_addons/QR2009/QB14e.pdf

Press photos:
http://www.fuchs-oil.de/pressphotos.html

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. 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 include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.