Fuchs Petrolub AG announceD consolidated earnings results for the first quarter March 31, 2013. For the quarter, sales Revenue was EUR 442.0 million compared to EUR 448.4 million a year ago. Earnings before interest and tax was EUR 73.4 million compared to EUR 72.5 a year ago. Profit after tax was EUR 51.6 million compared to EUR 51.4 million a year ago. Earnings per share was EUR 0.72 compare to EUR 0.72 a year ago. Capital expenditures was EUR 14.2 million. The company provided earnings guidance for the second quarter 2013. For the quarter, the company expects business operations to improve slightly compared to the first quarter of 2013. The first quarter of a year is generally somewhat weaker than the two middle quarters. The company is therefore maintaining its target for the financial year of achieving organic growth in sales revenues in the low single-digit percentage range.

Fuchs Petrolub AG announced capital expenditures results for the year ended December 31, 2012. For the year, the company reported property, plant and equipment and intangible assets of EUR 71.4 million against EUR 37.0 million a year ago. For the year 2013, the group anticipates growth in earnings before interest and tax (EBIT) and profit after tax.

Fuchs Petrolub AG may seek acquisitions. The company plans to grow further in 2013 despite uncertainties and does not rule out possible acquisitions. The company is on the lookout for acquisitions, Chief Executive Officer Stefan Fuchs said at the press conference. However, the company considers the chances for a buyout low as private equity firms are raising the prices even for small companies. The company has not only to match Fuchs Petrolub's criteria but also the price, he said.