Oddo BHF - FUCHS PETROLUB SE (FPE3) FUCHS SE (pref) : On track for records – part VII – more broad-based volume recovery in 9M 2024

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Oddo BHF

Michael B. Schäfer

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/...

31/10/2024 1 EN

Underlying

FUCHS PETROLUB SE

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DE000A3E5D64 Germany

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.

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Analysts

Michael B. Schäfer

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FUCHS SE (pref) : On track for records – part VII – more broad-based volume recovery in 9M 2024

ODDO BHF Small & MIDCAP MORNING NEWS - 31/10/2024

ODDO BHF Small & MIDCAP MORNING NEWS - 10/31/2024

Accor : Test first take

AXA : TEST

VINCI : Trees can reach to the sky

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