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    FPE3   DE0005790430

FUCHS PETROLUB SE

(FPE3)
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PRESS RELEASE : ???????FUCHS actively reduces carbon footprint by more than 8%

05/03/2021 | 04:48am EDT
DGAP-News: FUCHS PETROLUB SE / Key word(s): Sustainability 
???????FUCHS actively reduces carbon footprint by more than 8% 
2021-05-03 / 10:46 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
FUCHS actively reduces carbon footprint by more than 8% 
The FUCHS Group, which operates globally in the lubricants industry, has converted its entire European electricity 
consumption for 2020 and 2021 to 100% green energy. In doing so, the Group has reduced the FUCHS companies' carbon 
footprint for 2020 by more than 8% worldwide. 
Since the start of 2020, all manufacturing subsidiaries of the FUCHS Group have been carbon-neutral gate-to-gate. This 
means that all emissions associated with production and operating activities have been neutralized since 2020. "This 
includes all direct and indirect emissions within the gates of our FUCHS manufacturing subsidiaries through energy and 
water consumption, waste generation as well as fleet operation, travelling and our employees commuting to work," 
explains Markus Garb, Vice President Sustainability. 
To compensate for unavoidable emissions, FUCHS is investing in six certified climate protection key projects each year. 
However, based on the principle "Avoid - Reduce - Compensate," compensation through the purchase of climate protection 
certificates is only the last option in achieving carbon neutrality. FUCHS is continuously working on reducing its 
corporate emissions. 
An important step was converting the power supply in all European subsidiaries to green energy for 2020 and 2021. "We 
achieved this by purchasing "guarantees of origin" for energy generation with a volume of just over 40 gigawatt hours 
(GWh) from a European wind power plant. By doing this, all our electricity consumption of the European sites will be 
covered by renewable energy in 2020 and 2021, and is therefore carbon-neutral to our corporate carbon footprint. We are 
particularly proud that, with this step alone, we were able to reduce our corporate carbon footprint for 2020 by more 
than 8% worldwide," says Garb. "This is a key element of our FUCHS neutrality strategy, in which we aim to continuously 
lower our specific energy consumption while, at the same time, increasing the use of "green" energy (regeneratively 
produced energy) worldwide." 
FUCHS has also taken significant steps towards producing its own energy at selected FUCHS sites. FUCHS operates 
numerous plants and warehouses worldwide with a large roof area that can be used for the installation of solar panels. 
That's exactly what has recently happened at the Spanish site in Castellbisbal. An installation covering 1,650 square 
meters with an installed power of 335 kilowatt peak was built on the roofs of several warehouses. "We will be able to 
cover around 43% of our annual power consumption with the new solar system," reports Eladio Cuadrado, Managing Director 
of FUCHS in Spain. FUCHS companies in Australia, India, South Africa and the UK already operate solar panels, and more 
are being planned. 
By 2025, the company aims to also sell carbon-neutral products (cradle-to-gate) to its customers. This means that 
suppliers and their raw materials will also be included, and FUCHS will be able to process more sustainable raw 
materials for carbon-neutral products in the future. To this end, standards are currently being developed together with 
partners and associations in order to quantify and record sustainability along the entire value chain. 
Mannheim, May 3, 2021 
FUCHS PETROLUB SE 
Public Relations 
Friesenheimer Str. 17 
68169 Mannheim 
Tel. +49 (0)621 3802 1104 
tina.vogel@fuchs.com 
www.fuchs.com/group 
The following information material is available online: 
FUCHS-Storyportal EVOLE "The power of the Sun": 
https://www.fuchs.com/group/magazine/en/topics/detail/the-power-of-the-sun/ 
The FUCHS sustainability milestone: 
https://www.fuchs.com/group/technology-sustainability/sustainability/milestones-of-fuchs-sustainability/ 
Press release October 18, 2019 "FUCHS to be CO2-neutral globally by 2020": 
https://www.fuchs.com/group/press/press-releases/company-business-finances/news-detail/view/ 
5059-fuchs-to-be-co2-neutral-globally-by-2020/ 
About FUCHS 
FUCHS develops, produces and markets high-grade lubricants and related specialties for virtually all industries and 
areas of application. The company, which was founded in Mannheim in 1931, employs around 6,000 people worldwide at 58 
operating companies. FUCHS is the world's largest independent lubricant manufacturer. The most important markets in 
terms of sales revenue are Western Europe, Asia and North America. 
Important note 
This press release contains future-oriented statements, which are based on assumptions and estimates by the corporate 
management of FUCHS PETROLUB SE. Even if the corporate management is of the opinion that these assumptions and 
estimates are true, the future actual development and future actual results may differ significantly from these 
assumptions and estimates due to a variety of factors. These factors can include, for example, a change in the 
macroeconomic situation, the procurement prices, the exchange rates and interest rates as well as changes within the 
lubricant industry. FUCHS PETROLUB SE accepts no guarantee or liability for the future development and the actual 
results achieved in future matching the assumptions and estimates expressed in this press release. 
=---------------------------------------------------------------------------------------------------------------------- 
2021-05-03 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:  1191743 
 
End of News   DGAP News Service 
=------------ 

1191743 2021-05-03

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1191743&application_name=news 
 

(END) Dow Jones Newswires

May 03, 2021 04:47 ET (08:47 GMT)

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Financials
Sales 2021 2 706 M 3 291 M 3 291 M
Net income 2021 238 M 289 M 289 M
Net cash 2021 155 M 189 M 189 M
P/E ratio 2021 25,8x
Yield 2021 2,32%
Capitalization 5 527 M 6 717 M 6 721 M
EV / Sales 2021 1,99x
EV / Sales 2022 1,88x
Nbr of Employees 5 742
Free-Float 72,7%
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Technical analysis trends FUCHS PETROLUB SE
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 13
Average target price 44,56 €
Last Close Price 43,92 €
Spread / Highest target 32,1%
Spread / Average Target 1,46%
Spread / Lowest Target -31,7%
EPS Revisions
Managers and Directors
NameTitle
Stefan Rudolf Fuchs Chairman-Executive Board
Dagmar Steinert Chief Financial Officer & Member-Executive Board
Kurt Wilhelm Bock Chairman-Supervisory Board
Lutz Lindemann Chief Technology Officer
Ingeborg Neumann Member-Supervisory Board
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