Fuchs Petrolub: Q4 EBIT miss, bearish outlook drag shares
21/02/2019 08:44
** Shares in Fuchs Petrolub FPEG_p.DE down 6% after co
posts Q4 EBIT miss and "disappointing" 2019 outlook
** Credit Suisse says EBIT miss vs consensus was driven by
weak end market demand across Germany and China
** Broker sees negative share price response given earnings
miss and outlook, as broker sees co's EBIT guidance for 2019
flat yoy vs CS +2%
** Bankhaus Lampe notes that "the outlook for 2019 is a
disappointment" and says EBIT is likely to fall below the level
reached in FY 2018
** Stock among worst performers on STOXX 600 .STOXX
((Linda.pasquini@tr.com))