FUCHS concludes financial year 2024 successfully with EBIT-high

21.03.2025

• Stable development in sales revenues in challenging economic environment

• EBIT improves by 5% to EUR 434 million, EBIT margin at 12.3% (11.7%)

• Earnings per share increases by 10% per preference and ordinary share

• Outlook 2025: Sales revenues around EUR 3.7 billion, EBIT around EUR 460 million

• 23^rd dividend increase in a row announced: 5% up to EUR 1.17 per preference share
  and EUR 1.16 per ordinary share

 FUCHS at a glance

(1) By company location.

“We are proud to have achieved another record result in 2024, generating sales revenues of EUR 3.5 billion in a challenging economic environment. As planned, we closed the year with EBIT increasing by 5% to EUR 434 million.

Regarding free cash flow, we exceeded our long-term cash conversion target rate of 80%. Free cash flow before acquisitions amounted to EUR 306 million in 2024.

The exceptionally high figure from the previous year was supported by the release of inflation-related tied-up funds from 2021 and 2022.

The share buyback program, launched in 2022 and expanded in 2023, was successfully completed. A total of 8 million shares were repurchased and withdrawn at an aggregate price of EUR 263 million.

At the same time, we propose our 23^rd consecutive dividend increase, with a 5% growth.

Geopolitical conditions remain fraught with many uncertainties. With multiple ongoing wars and rising nationalist tendencies, the structure of the global economy has become increasingly unstable.

Especially in Germany, but also in several other European countries, the economic outlook has significantly deteriorated.

It is difficult to predict how all these factors will impact future economic development, as well as raw material and sales prices.

The year 2025 is expected to be another challenging one. However, we are focusing on our strengths and have initiated numerous growth projects.

For this reason, we remain confident that we will once more elevate our results to a new peak in 2025. We are planning to generate revenue of around EUR 3.7 billion and EBIT of around EUR 460 million.

With this outlook, we are approaching the objectives of our FUCHS2025 Strategy, despite many market-related factors that were unforeseeable years ago.”

Stefan Fuchs, Chairman Executive Board of FUCHS SE

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