Brief: Fuchs Petrolub SE Fuchs Has Determined A New Forecast For Financial Year 2020 And Expects A Drop In Earnings In Range Of 25%

Fuchs Se

27/07/2020 16:46

Fuchs Petrolub SE  FPEG_p.DE :
    * DGAP-ADHOC: FUCHS PETROLUB SE ANNOUNCES NEW EARNINGS
OUTLOOK FOR
THE CURRENT FINANCIAL YEAR
    * IN FIRST HALF OF 2020, FUCHS RECORDED SALES REVENUES OF
14% AND
EARNINGS (EBIT) OF 29% BELOW PREVIOUS YEAR
    * ANNOUNCES NEW EARNINGS OUTLOOK FOR CURRENT FINANCIAL YEAR
    * AS EXPECTED, IN FIRST HALF OF 2020, FUCHS RECORDED SALES
REVENUES OF 14% AND EARNINGS (EBIT) OF 29% BELOW PREVIOUS YEAR
    * FUCHS HAS DETERMINED A NEW FORECAST FOR FINANCIAL YEAR
2020 AND
EXPECTS A DROP IN EARNINGS IN RANGE OF 25%
    * EFFECTS OF CRISIS ON SUPPLY CHAINS, PRODUCTION AND
CUSTOMER
DEMAND CANNOT BE RELIABLY ESTIMATED CURRENTLY

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