Fuchs tracks worst day in 16 years after 'disappointing' EBIT outlook

Fuchs Se

21/03/2025 08:48

** Shares in Fuchs FPE3_p.DE drop 10.3% after the Germany-based lubricant supplier gave 2025 EBIT outlook slightly below market expectations, according to analysts

** The company expects 2025 sales to be around 3.7 billion euros ($4.0 billion), with EBIT of 460 million euros

** Baader Helvea says the EBIT guidance "will be seen as rather disappointing by the market after the strong run Fuchs' shares lately had"

** The stock, up 6.3% YTD, is on track for its worst day since December 2008 if the losses hold

($1 = 0.9238 euros)

 (Reporting by Anastasiia Kozlova)

 ((Anastasiia.Kozlova@thomsonreuters.com))