Fuchs Petrolub : 28th April, Analyst Conference Call Q1 2023 results

FUCHS GROUP

Financial Results Q1 2023

| Analyst's Conference, 28th April 2023 | Isabelle Adelt, CFO

HIGHLIGHTS Q1 2023

SUCCESSFUL START INTO THE YEAR

€936 mn

Sales up 16% yoy

€103 mn

EBIT up 11% yoy

€52 mn

FCF bef. acq. sig. up

Q1 2023

• Sales development strongly price-driven
• Implemented price increases from 2022 drive Q1 2023 EBIT
• EBIT margin at 11.0% with sequential improvement by 1.2%- pts. compared to Q4 2022
• FCF bef. acq. sig. higher due to lower NOWC build-up yoy

Outlook FY 2023

Confirmation of outlook in an uncertain economic environment

• Sales: ~ €3.6 bn
• EBIT: ~ €390 mn
• FCF bef. acq.: ~ €250 mn
• FVA: above prior year (€172 mn)

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SALES DEVELOPMENT

16%

€ mn

						902		936
						870
					832
				808
697	714	718	742
Q1 '21	Q2	Q3	Q4	Q1 '22	Q2	Q3	Q4	Q1 '23
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EBIT DEVELOPMENT

€ mn						11%
101				93		100		103
	90	88	84	87		85
Q1 '21	Q2	Q3	Q4	Q1 '22	Q2	Q3	Q4	Q1 '23
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Q1 2023 GROUP SALES

€ mn

	138	-	-10	936
	(-1%)
808	(17%)	(0%)
		128
		(16%)
Q1 2022	Organic	External	Currency	Q1 2023

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