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Fuchs Petrolub AG Comments on FY 2013 Guidance


Thursday, 2 May 2013 01:00am EDT 

Fuchs Petrolub AG announced that it expects business operations to improve slightly and therefore maintains its target of achieving organic growth in sales revenues in the low single-digit percentage range for the fiscal year 2013. However, it remains to be seen how currency exchange rates will develop. Based on the aforementioned assumptions, which predict that the overall economic situation will not change considerably, FUCHS still expects to record an increase in earnings before interest and tax (EBIT) for the fiscal year 2013. 

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23 Dec 2014