Germany's FUCHS Q2 preliminary EBIT tops estimates; raises 2026 outlook

Fuchs Se

22/07/2026 19:20

    

    Overview
  
Germany lubricants maker's preliminary H1 sales rose yr/yr to EUR 2.0 bln
Preliminary Q2 EBIT of EUR 135 mln exceeded consensus and prior-year quarter
Company raised 2026 EBIT forecast above previous outlook and consensus

    

    Outlook
  
Fuchs raises 2026 EBIT forecast to €460-480 mln from around €450 mln
Company maintains 2026 sales revenue forecast significantly above 2025’s €3.7 bln
Fuchs expects pre-buying effects to negatively impact H2 sales volume; rising raw material prices seen affecting margins

    

    Result Drivers
  
PRE-BUYING EFFECTS - Co said Q2 sales were boosted by pre-buying due to Middle East conflict
COMPETITOR SUPPLY ISSUES - Limited delivery ability among certain competitors supported sales growth
ORGANIC GROWTH - Organic growth contributed to Q2 revenue and earnings gains

    
Company press release: ID:nEQ764bw1a

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
H1 Sales
 
EUR 2.003 bln
 
H1 EBIT
 
EUR 260 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 32.3% above its July 22 closing price of €33.25
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago

    

    Reuters Recommended Reads
  
July 20 - Sweden's Hexpol Q2 sales, operating profit beat estimates 
July 22 - Akzo Nobel beats profit estimates as price rises offset higher raw-material costs
July 22 - Germany's MBB preliminary Q2 adjusted EBITDA jumps, raises margin outlook

    
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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.)