Brief: Fuchs Petrolub Reports 2019 EBIT of €321 Mln, Proposes €0.97 Dividend

Fuchs Se

20/02/2020 06:06

Feb 20 (Reuters) - Fuchs Petrolub SE  FPEG_p.DE :
    * DGAP-NEWS: FUCHS PUBLISHES PRELIMINARY FIGURES FOR 2019
FINANCIAL YEAR: SALES REVENUES AT PREVIOUS YEAR'S LEVEL AT EUR
2.6 BILLION, EBIT 16% BELOW PREVIOUS YEAR
    * EBIT DOWN -16% TO EUR 321 MILLION
    * DIVIDEND PROPOSAL: +2% TO EUR 0.97 PER PREFERENCE SHARE
    * FOR YEAR 2020, FUCHS EXPECTS GROWTH IN BOTH SALES REVENUES
AND
EBIT IN LOW TO MEDIUM SINGLE-DIGIT PERCENTAGE RANGE
    * ECONOMIC EFFECTS OF COVID-19 VIRUS ARE NOT YET FORESEEABLE

Source text for Eikon:  urn:newsml:reuters.com:*:nEQ7qQ0vDa

 (Berlin Speed Desk)
 ((berlin.newsroom@thomsonreuters.com; +49 30 2888 5156;))