FUCHS proposes significant dividend increase after a very successful year 2010

FUCHS proposes significant dividend increase after a very successful year 2010

After a strong increase in revenues and profits in 2010, subject to a corresponding resolution of the Supervisory Board on March 23, 2011, the Executive Board of FUCHS PETROLUB AG will propose a dividend of EUR 2.70 (1.70) per preference share and EUR 2.64 (1.64) per ordinary share to the Annual General Meeting to be held on May 11, 2011.
 
As scheduled, the preliminary figures for 2010 will be published on February 25, 2011.
 
Mannheim, February 24, 2011
 
FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: +49 (0) 621 3802 – 1124
 
 
This ad hoc message is also available on the internet at www.fuchs-oil.com.
 
 
Important note
This ad hoc message contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. Even if the management is of the opinion that these assumptions and estimates are accurate, future actual developments and future actual results may differ significantly from these assumptions and estimates due to a variety of factors. These factors can include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this ad hoc message and assumes no liability for such.