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Profit was up in the first half of the year for German lubricant supplier Fuchs SE compared to the same period of the previous year. Fuchs reported on Tuesday that its earnings after tax for the first half of 2024 rose 10% to €155 million ($168 million) from the prior year’s €141 million, with earnings per ordinary share improving to €1.17 from €1.03 last year. Earnings before interest, taxes (EBIT) improved by 9% to €218 million from the prior year, but sales revenues for the period declined 3% year-over-year to €1.764 billion due to price adjustments and negative currency effects. Looking ah…

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