Germany's FUCHS H1 sales rise on higher demand; lifts 2026 EBIT outlook

Fuchs Se

31/07/2026 06:11

Overview
Germany lubrication supplier's H1 sales revenue rose 11% yr/yr to EUR 2,003 mln
H1 EBIT increased 24% to EUR 260 mln, driven by strong sales growth and one-time effects
Company raised 2026 EBIT outlook to EUR 460–480 mln, sales and cash flow forecasts unchanged

Outlook
FUCHS raises 2026 EBIT outlook to EUR 460–480 mln from previously around EUR 450 mln
Company expects 2026 sales revenues significantly above EUR 3.7 bln due to inflation
FUCHS expects free cash flow before acquisitions to remain significantly below EUR 270 mln

Result Drivers
DEMAND INCREASE - Co said sales growth was driven by a significant increase in demand in Q2, with broad-based organic growth across all regions
PRE-BUYING & COMPETITOR SUPPLY ISSUES - Co said pre-buying due to the Middle East conflict and supply issues faced by some competitors supported Q2 performance
ONE-TIME EFFECTS - EBIT included a positive one-time effect from a land sale and a non-cash expense from the Turkey joint venture acquisition

Company press release: ID:nEQb36kS1a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
 
EUR 178 mln
 
H1 Adjusted Free Cash Flow
 
EUR 61 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 €44.00, about 25.2% above its July 30 closing price of €35.15
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 14 three months ago

Reuters Recommended Reads
July 29 - NewMarket Q2 revenue, profit rise on surcharges from higher supply-chain costs amid disruptions in the Middle East
July 30 - Quaker Houghton Q2 adjusted EPS beats estimates, announces $250 mln buyback
July 29 - Germany's H&R KGaA H1 EBITDA more than doubles on higher feedstock prices

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(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.)