Brief: Fuchs Petrolub Expects 2 To 4 PCT EBIT Increase in 2018

Fuchs Se

30/10/2018 06:13

Oct 30 (Reuters) - Fuchs Petrolub SE  FPEG_p.DE :
    * 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%

Source text for Eikon:  urn:newsml:reuters.com:*:nEQRJD5Va
Further company coverage:  FPEG_p.DE 

 (Reporting by Riham Alkousaa)
 ((Riham.Alkousaa@thomsonreuters.com;))