DGAP-News: FUCHS with a strong first half of 2021 in a challenging market environment
Overall, the Group generated earnings (EBIT) of EUR 191 million on sales revenues of EUR 1,411 million.
DGAP-News: FUCHS PETROLUB SE / Key word(s): Half Year Report FUCHS with a strong first half of 2021 in a challenging market environment 30.07.2021 / 07:00 The issuer is solely responsible for the content of this announcement. FUCHS with a strong first half of 2021 in a challenging market environment
FUCHS at a glance
1 By company location. "After a strong start to the year, our business performed well again in the second quarter of 2021. Overall, the Group generated earnings (EBIT) of EUR 191 million on sales revenues of EUR 1,411 million. Sales revenues and earnings were thus not only far higher than in the weak first half of 2020, they also outperformed the first half of 2019. Driven by the automotive industry in China, the region Asia-Pacific again saw the highest growth rates. EMEA and North and South America also improved their performance compared to the first half of 2020, which was burdened by the pandemic. Stefan Fuchs, Chairman of the Executive Board of FUCHS PETROLUB SE At EUR 191 million (112), EBIT was 71% higher than in the previous year. All regions increased significantly in comparison to the prior-year period, which was strongly impacted from the pandemic. Against the first half of 2019, an EBIT increase of EUR 34 million could be achieved. Sales and earnings in the regions
Supply chain uncertainties and other possible effects of the Covid-19 pandemic on the global economy still cannot be reliably estimated. Mannheim, July 30, 2021 Important note
30.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
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: | [email protected] |
Internet: | www.fuchs.com/gruppe |
ISIN: | DE0005790430, DE0005790406 |
WKN: | 579043, 579040 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange |
EQS News ID: | 1222847 |
End of News | DGAP News Service |
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1222847 30.07.2021