Fuchs SE increased the profit last year thanks to better business in Asia despite only a stable sales.
The lubricant manufacturer Fuchs wants to increase sales and results in the current year. The proceeds are expected to grow to 3.7 billion euros in 2025, as the company announced on Friday in Mannheim. In 2024, the group’s turnover stagnated with around 3.5 billion euros in the year. The operational result before interest and taxes (EBIT) estimates Fuchs for around 460 million euros for 2025 and thus almost six percent above the previous year. Here analysts had a little more on their notes. The company is aiming for new records for both indicators.
However, the Fuchs share temporarily declines by 8.06 percent to EUR 45.40 via Xetra. However, the paper has still won eleven percent since the turn of the year.
Geopolitically, the situation is unabated with uncertainties, said CEO Stefan Fuchs, according to a message. With several wars and increasing nationalist developments, the structure in the global economy got out of joint. Especially in Germany, but also in other countries in Europe, the economy has cloudy. It is difficult to assess how this would affect further economic development as well as raw material and sales prices.
The head of the company assumes that the tariffs announced by US President Donald Trump will come. The lubricant manufacturer has prepared for this, said the manager. Life in the United States is becoming more expensive through tariffs. However, they would hardly affect the lubricant manufacturer because he could produce everything in the USA. Fuchs of the economic situation could not completely escape. At the moment the US economy has been somewhat clouded. However, he expects the government to counteract this development. Meanwhile, the company wants to continue to buy. Last year, the company had acquired Lubcon from the Hessian Maintal, a manufacturer of high-performance special lubricating materials, and the Swiss industrial chicken manufacturer Strub. At the beginning of 2025 the purchase of the special lubricant manufacturer Boss from Albstadt followed.
The operating result (EBIT) from Fuchs increased by five percent to 434 million euros in 2024. All regions contributed to this. The bottom line was a profit of 302 million euros – an increase of seven percent. While the results slightly missed the market expectations, sales were in the average height of the analysts. The dividend is expected to increase by six cents to 1.17 euros per share for preferred shareholders.
The car and commercial vehicle industry is particularly important for the company that employs almost 6,800 employees. Fuchs makes around 30 percent of sales with these areas. The upheaval from the combustion engine to the electric motor therefore also leads to changes in Fuchs. In addition, the group also has customers from areas such as mechanical engineering, metal processing, mining, aerospace as well as agricultural and forestry.
The company will soon fill two board posts. The contracts of CFO Isabelle Adelt and technology chief Sebastian Heiner were not extended, as the company had already announced in early March. It did not fit 100 percent, but this was necessary today, the Fuchs boss justified this step. The Supervisory Board has dealt with personal details since July.
The successor of Adelt becomes Esma Saglik on May 1st. The 49-year-old has been running the finances of Rehau Industries since 2020. Heiner’s tasks will take over from August 1st Mathieu Boulandet. Most recently, he was responsible for the global marine and energy business at Castrol.
/mne/stw/jha/
Mannheim (dpa-Afx)
Selected leverage products on Fuchs
With knock-outs, speculative investors can participate disproportionately in price movements. Simply choose the desired lever and we will show you suitable open-end products on Fuchs
The lever must be between 2 and 20
Advertising