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MarketScreener Homepage  >  Equities  >  Xetra  >  Fuchs Petrolub SE    FPE3   DE0005790430

FUCHS PETROLUB SE

(FPE3)
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FUCHS PETROLUB : earns recognition as a John Deere 'Partner-level Supplier' and 'Parts Supplier of the Year'

10/22/2020 | 04:00am EST

DGAP-News: FUCHS PETROLUB SE / Key word(s): Miscellaneous
FUCHS PETROLUB SE earns recognition as a John Deere 'Partner-level Supplier' and 'Parts Supplier of the Year'

22.10.2020 / 10:00
The issuer is solely responsible for the content of this announcement.


FUCHS PETROLUB SE earns recognition as a John Deere "Partner-level Supplier" and "Parts Supplier of the Year"

FUCHS PETROLUB SE, which operates globally in the lubricants industry, has earned recognition as a "Partner-level Supplier" for 2019 and was also named "Parts Supplier of the Year" in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company's highest supplier rating.

FUCHS was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement.

FUCHS is a supplier of lubricants, engine coolants and greases to John Deere's operation in various countries all over the globe.
Suppliers who participate in the Achieving Excellence Program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support and responsiveness.

"We are honored to receive the awards from our long-standing customer John Deere. They are not just a recognition for our excellent products and services but also for our global team of motivated colleagues who have contributed to this through their outstanding commitment," comments Stefan Fuchs, Chairman of the Executive Board of FUCHS PETROLUB SE.

Mannheim, October 22, 2020

FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim, Germany
Tel. +49 621 3802-1207

nina.consagra@fuchs.com
www.fuchs.com/group

The following information is available online:
Image and video material: www.fuchs.com/gb-en/photo-gallery

About FUCHS
The FUCHS Group develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. Formed in Mannheim in 1931, the Group employs almost 6,000 people worldwide at 62 operating companies. FUCHS is the world's largest independent lubricant manufacturer. Its most important markets in terms of sales revenues are Western Europe, Asia and North America.

Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB SE. 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, for example, include changes in the overall economic climate, changes in procurement prices, changes to exchange rates and interest rates, and changes within the lubricants industry. FUCHS PETROLUB SE provides no guarantee that future developments and the results actually achieved in the future will match the assumptions and estimates set out in this press release and assumes no liability for such.



22.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: FUCHS PETROLUB SE
Friesenheimer Str. 17
68169 Mannheim
Germany
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-7190
E-mail: ir@fuchs.com
Internet: www.fuchs.com/gruppe
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange
EQS News ID: 1142294

 
End of News DGAP News Service

1142294  22.10.2020 

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© EQS 2020
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Mean consensus HOLD
Number of Analysts 13
Average target price 40,64 €
Last Close Price 48,26 €
Spread / Highest target 14,0%
Spread / Average Target -15,8%
Spread / Lowest Target -42,0%
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NameTitle
Stefan Rudolf Fuchs Chairman-Executive Board
Kurt Wilhelm Bock Chairman-Supervisory Board
Dagmar Steinert Chief Financial Officer & Member-Executive Board
Lutz Lindemann Chief Technology Officer
Lars-Eric Reinert Member-Supervisory Board
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