Fuchs Petrolub : 29th July, Analyst Conference Call H1 2022 results

FUCHS GROUP

Financial Results H1 2022

| Analyst's Conference, 29th July 2022 | Dagmar Steinert, CFO

HIGHLIGHTS H1 2022

SOLID FIRST HALF-YEAR IN CONTINUED DIFFICULT MARKET ENVIRONMENT

€1,640 mn

Sales up 16% yoy

€180 mn

EBIT down 6% yoy

H1 2022

• Robust business development in a difficult market environment
• Sales development strongly price- and currency-driven
• Previous year's result benefited from catch-up effects
• Global crisis situations remain a factor of uncertainty

Outlook FY 2022

• Sales: Sales: upper end of €3.0 - €3.3 bn
  range (previously: €3.0 - €3.3 bn)
• EBIT: prior-year level (lower end of the €360 - €390 mn range; unchanged)

Long-term financial targets

• €500 mn EBIT by 2025
• Long-termEBIT margin of ~ 15%
• Annual organic sales growth in the mid- single-digit percentage range
• Cash conversion rate of ~ 0.8

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SALES DEVELOPMENT

1,411

16%

1,640

€ mn

								808	832
					714	718	742
				697
616		620	638
	504
Q1'20	Q2'20	Q3'20	Q4'20	Q1'21	Q2'21	Q3'21	Q4'21	Q1'22	Q2'22
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EBIT DEVELOPMENT

€ mn					191		-6%		180
			110	101
		91					93
				90	88	84	87
72
	40
Q1 '20	Q2	Q3	Q4	Q1 '21	Q2	Q3	Q4	Q1	Q2 '22
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H1 2022 GROUP SALES

€ mn

1.800	164	1	64	1,640
(4%)
	(12%)	(0%)
1,411
1.200
		229
600		(16%)
0
H1 2021	Organisch	Extern	Währung	H1 2022
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