x close

We use cookies to improve our site and your experience. By continuing to browse on this website you accept the use of cookies.

Bookmark and Share

Fuchs' second quarter bucks the trend

Fuchs bucks the current trend for disappointing second Quarter results.

Unlike the oil majors, chemicals and additives specialist Fuchs' second Quarter figures made encouraging reading.  The German-based company revealed a 10% boost in pre-tax earnings of €80.4m ($106m). Sales rose by 1.5% to €468m ($626m) with net income at €55.8m ($74.6m).

The company has said its full-year target is to increase earnings and sales, with new factories in Russia and northern China on schedule to start operations in the second half.  It is also looking to new acqusitions to further boost revenue.

Tags: additives, Europe, Fuchs, Lubes marketing

Published 6th August, 2013

FREE lubes bulletin

Subscribe to the OATS Bulletin: a streamlined look at the month's lubricants and additives news.

First name
Last name

We will never pass your details to anyone else.
Privacy policy...