Germany · Delayed Price · Currency is EUR Fuchs SE Earnings Call Transcripts
Fiscal Year 2026
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FUCHS2025 delivered resilient growth and strong cash generation despite global volatility, though EBIT targets were missed. The new FUCHS100 strategy focuses on six growth areas, aiming for EUR 4–4.5 billion sales and 13–15% EBIT margin by 2031, driven by efficiency, targeted M&A, and sustainability. Management emphasizes focus, digital transformation, and leveraging a strong global asset base.
Fiscal Year 2025
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2025 saw record sales and EBIT, driven by organic growth in Asia-Pacific and acquisitions, despite currency headwinds and market volatility. The outlook for 2026 is positive, with further sales and EBIT growth expected, including the full consolidation of Opet Fuchs.
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Q3 delivered a strong sequential recovery, with sales up 1% year-over-year to EUR 2.7 billion and EBIT improving 16% from Q2. Despite ongoing market uncertainty and currency headwinds, profitability and free cash flow remain solid, and full-year guidance is confirmed.
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Sales grew 2% year-over-year in H1, but EBIT and EPS declined due to inflation and an unfavorable mix, especially in the Americas. Guidance for 2025 was revised down, with cost-saving measures in place and free cash flow expected to remain strong.
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Q1 delivered 5% sales growth and record EBIT, driven by both organic and acquisition-led expansion, despite higher one-time costs. Full-year guidance is reaffirmed, with strong regional performance and a resilient local-for-local strategy mitigating tariff risks.
Fiscal Year 2024
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Record 2024 results with 10% EPS growth, strong cash conversion, and all regions contributing to earnings. Outlook for 2025 targets record sales and EBIT, supported by specialty and aftermarket growth, disciplined capital allocation, and ongoing digitalization and restructuring.
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Fuchs maintains its decentralized, customer-focused model, reaffirming mid-single digit organic growth and a 15% EBIT margin target, with strong cash conversion and dividend growth. Strategic priorities include market segmentation, sustainability, digitalization, and global expansion, supported by R&D and partnerships like DMG MORI.
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Strong Q3 and year-to-date results with EBIT up 7% and margin at 12.5%, driven by volume growth and operational excellence across all regions. Outlook for the full year is confirmed, with continued focus on M&A and cost optimization amid challenging market conditions.
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EBIT and margins improved year-over-year despite lower sales, driven by cost management, volume growth, and strong regional contributions. Guidance for the full year is reiterated, with the LUBCON acquisition set to enhance future performance.