Fuchs (FPE3) Investor presentation summary

Business model and strategic positioning

• Leading independent supplier of lubricants with a global presence in over 50 countries and 67 operating companies.

• Focused exclusively on lubricants, leveraging technology and innovation leadership for competitive advantage.

• Asset-light, customer-centric approach enables tailored solutions and strong cash generation.

• Balanced customer structure with top 20 customers accounting for ~25% of sales, diversified across industries.

• Stable family ownership ensures long-term strategic continuity and commitment to value creation.

Financial performance and growth

• 2025 sales reached €3,563 million (+1% YoY), with EBIT at €435 million and strong cash conversion (1.0x).

• Free cash flow before acquisitions was €316 million, up 3% from the prior year.

• Gross margin improved to 34.9%, with EBIT margin at 12.2%.

• Dividend increased for the 24th consecutive year, with a proposal of €1.23 per preference share (+5%).

• Outlook for 2026 anticipates sales of ~€3.7 billion and EBIT of ~€450 million, despite geopolitical uncertainties.

Regional performance

• EMEA: Sales up 1% to €2,048 million, driven by acquisitions; EBIT stable despite higher costs.

• Asia-Pacific: Sales surpassed €1 billion for the first time, with 7% organic growth and 12% EBIT increase, led by China.

• Americas: Sales up 2% to €695 million, but EBIT down 18% due to cost increases and mix changes.