Profit rose in the first quarter for German lubricant manufacturer Fuchs Petrolub AG compared to the same period of last year, the company reported on Tuesday.
The company's bottom line totalled €77 million ($82.5 million), or €0.58 per share.
This compares with €73 million, or €0.54 per share, in last year's first quarter.
The company's revenue for the quarter fell 6.3% to €877 million from €936 million last year.