Germany's Fuchs SE raises 2026 EBIT forecast

Fuchs Se

Mon 14:02

Overview
Germany lubricants maker's preliminary 9M 2026 sales and EBIT rose yr/yr
Company raised 2026 EBIT forecast above previous guidance

Outlook
FUCHS raises 2026 EBIT forecast to around €500 mln from €460-480 mln
Company now sees 2026 sales revenue at around €4.1 bln, up from well above €3.7 bln

Result Drivers
STRONG EARNINGS - Co attributed upward revision of EBIT forecast to strong earnings performance in first nine months
INFLATION IMPACT - Co expects revenue growth to continue in Q4 due to inflation
PRE-BUYING EFFECTS - Co said pre-buying effects from Q2 will negatively impact Q4 sales

Company press release: ID:nEQ7yQqkQa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
9M Sales
 
EUR 3.13 bln
 
9M EBIT
 
EUR 409 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 10.3% above its October 16 closing price of €39.00
The stock recently traded at 17 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.)