Fuchs Petrolub: best day in 5 years after robust H1

Fuchs Se

31/07/2018 09:37

** Shares of Fuchs Petrolub  FPEG_p.DE  are up 4.5 pct, on
track for best day in 5 years
    ** Co reports H1 sales revenues and earnings increase
 urn:newsml:reuters.com:*:nASO00065A
    ** Bankhaus Lampe says Q2 sales growth (+6.2%) is driven by
better-than-expected continued strong organic growth 
    ** Broker says "major positive surprise" was strong free
cash flow before acquisitions (EUR 85 mln vs EUR 53 mln year
ago)
    ** Baader Helvea believes Q2 revenue beat came from
Asia/Pacific, while EBIT beat came from Americas
    ** It adds that expectations for Fuchs are far too low which
was proven by co reporting significantly ahead of expectations
on Tuesday 
    ** Stock top performer and biggest boost on MDAX Performance
Index  .MDAXI  



 ((Linda.pasquini@tr.com))