Fuchs jumps on Q1 sales beat, guidance hike

Fuchs Se

29/04/2026 07:53

** Fuchs FPEn.DE jumps 4.2% in early Frankfurt trade after the German car lubricants maker beat Q1 sales expectations and lifted its FY guidance, despite volatile markets

** Fuchs now expects FY revenues of significantly above 3.7 billion euros ($4.33 billion), having previously forecast of annual sales to be around 3.7 billion euros

** Q1 sales were 934 million euros, up from 924 million euros a year earlier, exceeding analysts' average estimate of 917 million euros according to a poll by LSEG

** "We would expect a strong Q1 print to support the shares today," J.P. Morgan says

** The stock, which has gained 2.5% YTD, is seen among the best performers of Germany's mid-cap index .MDAXI

($1 = 0.8548 euros)

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))