Germany's Fuchs 9-month EBIT rises, lifts 2026 outlook
Germany's Fuchs 9-month EBIT rises, lifts 2026 outlook
Overview
Germany lubricants supplier's 9-month sales revenue up 16% to EUR 3,126 mln
EBIT for first nine months rose 25% to EUR 409 mln, all regions contributed
Free cash flow before acquisitions fell 49% due to inflation-driven working capital increase
Outlook
FUCHS raises 2026 EBIT outlook to around EUR 500 mln, up from EUR 460–480 mln
Company now sees 2026 sales revenues at around EUR 4.1 bln, previously 'significantly above EUR 3.7 bln'
FUCHS expects free cash flow before acquisitions to remain significantly below EUR 270 mln in 2026
Result Drivers
SALES VOLUME AND INFLATION - Co said higher sales volumes and inflation drove sales revenue growth
REGIONAL ORGANIC GROWTH - All regions contributed with strong organic growth, per company statement
INFLATION IMPACT ON CASH FLOW - Inflation-driven increase in net operating working capital led to lower free cash flow
Company press release: ID:nEQb8tTXta
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
9M Net Income |
| EUR 281 mln |
|
9M Adjusted Free Cash Flow |
| EUR 92 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the commodity chemicals peer group is "buy."
Wall Street's median 12-month price target for Fuchs Se is €43.00, about 12.4% above its October 29 closing price of €38.25
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 15 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)