Brief: Fuchs Proposes Dividend Of EUR 1.11 Per Preference Share

Fuchs Se

12/03/2024 06:08

March 12 (Reuters) - FUCHS SE  FPEn.DE :
    * FORECAST 2024: SALES REVENUES AROUND EUR 3.6 BILLION AND
EBIT
AROUND EUR 430 MILLION
    * 22^ND DIVIDEND INCREASE IN A ROW: UP 4% TO EUR 1.11 PER
PREFERENCE SHARE AND EUR 1.10 PER ORDINARY SHARE
    * FY FREE CASHFLOW BEFORE ACQUISITIONS AT EUR 465 MILLION
    * FORECAST 2024: SALES REVENUES AROUND EUR 3.6 BILLION AND
EBIT
AROUND EUR 430 MILLION
    * FY EBIT OF EUR 413 MILLION 13% ABOVE PRIOR YEAR
    * FOR 2024, FUCHS EXPECTS AN FVA OF AROUND EUR 240 MILLION
    * EXPECTS TO GENERATE EBIT OF AROUND EUR 430 MILLION IN 2024
    * EXPECTS FREE CASH FLOW BEFORE ACQUISITIONS AROUND EUR 250
MILLION IN 2024
    * FUCHS GROUP EXPECTS ANOTHER SALES REVENUE INCREASE TO
AROUND EUR
3.6 BILLION IN 2024

Source text for Eikon:  ID:nEQlCpPRa 
Further company coverage:  FPEn.DE 

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