Report
FUCHS SE (pref) : Q2 EBIT 5% lower than expected on China, OpFCF outlook raised to € 300m (€ 250m), EBIT outlook raise may follow as H2 is seen at/above H1
>Organic sales growth of 11.5% y-o-y was solid (Q1 2023: 17%) - Organic sales growth of 11.5% y-o-y was solid (Q1 2023: 17%) pushing sales to € 886m (consensus/ODDO BHF € 913m/€ 928m) fuelled by fading but sticky price initiatives around 14% but still constrained volume contraction of -2% from c. -4% in Q1 2023.Q2 EBIT incl. at equity was 5% below consensus/ODDO BHF forecast at € 97m - Q2 EBIT incl. at equity was 5% below cons./ODDO BHF forecast at € ...
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.