Fuchs Petrolub : 29th April, Analyst Conference Call Q1 2021 results

FUCHS GROUP

Financial Results Q1 2021

| Analyst's Conference, 29th April 2021

| Dagmar Steinert, CFO

Highlights Q1 2021

Strong start into 2021

€697 mn

Sales up 13 % yoy

€101 mn

EBIT up 40 % yoy

Q1 2021

• Sales growth mainly driven by record quarter from automotive industry in China
• EBIT positively impacted from doubled EBIT in APAC yoy
• Significant raw material price increases not yet reflected in Q1 earnings

Outlook FY 2021 raised

Stronger than expected recovery especially in China and the US

• Sales: €2.7 - €2.8 bn
  (prior on 2019 level)
• EBIT: €330 - €340 mn (prior on 2020 level)
• FVA: around €180 mn (prior around €160 mn)
• FCF bef. acq.: around €110 mn
  (prior around €160 mn)

l 2

Sales development

€ mn

13% YoY

								697
643	653	656					638
		620	616		620
					504
Q1 '19	Q2	Q3	Q4	Q1 '20	Q2	Q3	Q4	Q1 '21

1. 3

EBIT development

€ mn

40% YoY

								110
									101
		(92)	89				91
77	80			75	72
						40
Q1 '19	Q2		Q3	Q4	Q1 '20	Q2	Q3	Q4	Q1 '21

1. 4

Q1 2021 Group sales

• mn

92	8	-19
(15%)	(1%)	(-3%)

697

616

81

(13%)

Q1 2020

Organic Growth

External Growth

FX

Q1 2021

1. 5