Fuchs petrolub se private company information – bloomberg e payment electricity bill maharashtra

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Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants. The compan…

Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants. The company also offers quenching fluids, corrosion preventives, minimum lubricating products, cleaners, cutting and grinding lubricants, and forming lubricants; and food-compliant lubricants, adhesive lubricants for open transmissions, anti-friction coatings and films for dry coating, pastes and special greases, concrete release agents and high-temperature chain oils, as well as lubricants for the glass manufacturing, hot forming, the wind energy, and sugar industries. In addition, it is involved in the provision of metal-working fluids, corrosion preventatives, hydraulic and gear oils, greases, and other specialties, as well as in toll blending, chemical process management, and trading activities. Further, the company offers analytical, condition monitoring, tailor-made development, technical, open gear, and coating services; and special services for food and beverage processing. It provides its products to automotive suppliers and OEMs; mechanical engineering, metalworking, mining and exploration, aerospace, power generation, construction and transport, agriculture, and forestry sectors; and steel, metal, casting and forging, and cement industries, as well as food industry and glass manufacturing sectors. Fuchs Petrolub SE was founded in 1931 and is headquartered in Mannheim, Germany.

Fuchs Petrolub SE announced earnings results for the first quarter of 2018. For the quarter, the sales grew by 4% to EUR 643 million. EBIT is down by 2% to EUR 92 million compared to the previous year. Earnings after tax are EUR 1 million above previous year. The quarterly EBIT development, despite the strong euro, which started more or less in the middle of the year 2017, that quite a stable development, and earnings on a quarterly basis are always over EUR 90 million. So overall, EBIT is down by EUR 2 million from EUR 94 million in the previous year to EUR 92 million in the first quarter 2018.

Our outlook for the full year 2018 is unchanged, and it still expect a sales growth between 3% to 6% and EBIT growth between 2% to 4%. And the company point out as well is that it faced the highest investments in the year 2018, with EUR 140 million. The company expects EUR 140 million for the whole year 2018. Therefore, the free cash flow before acquisitions is below previous year’s quarter, but that was expected. The company expects Sales growth between 2% to 3% and 6% for the full year as well as an EBIT growth between 2% and 4% for the full year. The negative currency effects were weakened over the course of the year. And the company will invest around EUR 140 million to continue the expansion of capacities as planned.