Report
Fuchs Petrolub SE (pref.) : Q2 results in line, outlook confirmed and in line with consensus. Price momentum encouraging, also in Europe
>11% organic sales growth in Q2 with c. 17% price vs -5% volumes on China lockdown - Organic sales growth of 11% pushed sales to € 832m (ODDO BHF/consensus: € 814m/€ 821m) fuelled by sticking price initiatives around 17% and FX tailwinds of c. 5%, compensating c. 5% lower volumes y-o-y primarily on locked-down Chinese regions in Q2. Sales gained 3% q-o-q. Organic growth rates across regions differ, showing lockdown-hit decline in APAC at -5% y-o-y organic growth in Q2...
Underlying
FUCHS PETROLUB SE
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Michael B. Schäfer
Other Reports on these Companies
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.