Report
FUCHS SE (pref) : On track for records – part VII – more broad-based volume recovery in 9M 2024
>More broad-based volume growth in 9M 2024 vs EMEA-driven 2023 - FUCHS indicated around 4% volume growth y-o-y in Q3 2024, up from 3% in Q2 2024 and flat Q1. CFO indicated on the conference call that estimated c. 2% volume growth in 9M 2024 was regionally broad-based in contrast to EMEA-driven 2023, including pick-up in specialties (medical, semi, wind power plants among others) as an example for good execution of its ‘leveraging global segments’ strategy. First fill/...
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
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