Fuchs Petrolub Company profile
About Fuchs Petrolub SE
Fuchs Petrolub SE is a Germany-based company engaged in the development, production and supply of lubricants and related products for industry. Its portfolio of products includes lubricants for a range of applications, including engine and gear oils for vehicles and motorcycles; mould release agents for concrete and cement casting; metalworking fluids, which are used for cooling, lubricating and flushing in machine operations; metal forming lubricants, including prelube oils and process-compatible deep drawing oils, which are tailor-made for a range of metal forming processes; corrosion preventives, designed to protect bare metal surfaces of machinery and components; quenching oils, used in the heat treatment of metal; diverse greases for automobiles and heavy industry; industrial lubricants, and rapidly biodegradable lubricants. The Company operates within three geographic segments: Europe; Asia-Pacific, Africa, and North and South America.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Fuchs Petrolub SE revenues increased 21% to EUR2.87B. Net income increased 15% to EUR253M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Other Selling/Distribution Expenses increase of 13% to EUR160M (expense), Staff costs increase of 10% to EUR188M (expense).
Equity composition
11/2003, Rights Issue, 1 Ordinary or 1 Preference share for every 13 Ord. or Pref. share held @ EUR 40 or EUR 34 respectively; additional shares 280,713 Ord. & 270,392 Pref. 07/2006, Scrip Issue, 1 new share for every 10 shares held. 6/2011, 3-for-1 stock split (Factor: 3). 6/2014, Scrip Issue 1 new share for every 1 share held (Factor: 2).