Fuchs slides in early trade after outlook cut, Q2 miss

Fuchs Se

16/07/2025 07:38

** Shares of Fuchs FPEn.DE fall around 4% in early Frankfurt trade after the German lubricant supplier cut its outlook for 2025 and posted weaker than expected Q2 results

** It now expects sales of around 3.5 billion euros ($4.07 billion) and EBIT of around 430 million euros, down from a previous estimate of sales of around 3.7 billion euros and EBIT of around 460 million euros

** Preliminary EBIT for Q2 of 2025 is 101 million euros, below analysts' estimate of 112 million euros, according to a consensus compiled by Vara Research, it added

** The outlook cut comes from muted demand from customers due to U.S. tariffs, slow industrial production in Europe and ongoing geopolitical tensions, it said

($1 = 0.8606 euros)

 (Reporting by Isabel Demetz)

 ((Isabel.demetz@thomsonreuters.com))