Slide 1: Financial Results H1 2022
FUCHS GROUP Financial Results H1 2022 | Analyst’s Conference, 29th July 2022 | Dagmar Steinert, CFO
Slide 2: Highlights H1 2022
HIGHLIGHTS H1 2022 SOLID FIRST HALF-YEAR IN CONTINUED DIFFICULT MARKET ENVIRONMENT H1 2022 €1,640 mn Outlook FY 2022 Sales up 16% yoy Robust business development in Sales: Sales: upper end of €3.0 - €3.3 bn a difficult market environment range (previously: €3.0 - €3.3 bn) Sales development str
Slide 3: Sales Development
SALES DEVELOPMENT 1,411 16% 1,640 € mn 832 808 742 714 718 697 638 616 620 504 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 l3
Slide 4: EBIT Development
EBIT DEVELOPMENT 191 -6% 180 € mn 110 101 91 90 93 88 87 84 72 40 Q1 '20 Q2 Q3 Q4 Q1 '21 Q2 Q3 Q4 Q1 Q2 '22 l4
Slide 5: H1 2022 Group Sales
H1 2022 GROUP SALES € mn 1.800 164 1 64 (12%) (0%) (4%) 1,640 1,411 1.200 229 (16%) 600 0 H1 2021 Organisch Extern Währung H1 2022 l5
Slide 6: H1 2022 Earnings Summary
H1 2022 EARNINGS SUMMARY KPI in € mn H1 2022 H1 2021 Sales up 16% mainly price and currency-driven Sales 1,640 1,411 Gross profit up 5% yoy, however gross profit margin of 32.0% due to Cost of sales -1,116 -914 inflated sales 3.2%-pts. lower than the exceptionally strong H1 2021; price and mix-r
Slide 7: Europe, Middle East, Africa
EUROPE, MIDDLE EAST, AFRICA KPI in € mn H1 2022 H1 2021 Sales 987 850 Sales up 16% yoy mainly price-driven Organic growth 131 (15%) 162 (23%) Most entities with double-digit growth rates, esp. the German specialties business, South Africa, Great Britain and Poland External growth 1 (0%) 1 (0%) F
Slide 8: Asia-Pacific
ASIA-PACIFIC Sales up 7% yoy mainly driven by currency effects KPI in € mn H1 2022 H1 2021 Sales growth driven by positive organic growth in South-East Asia and Sales 454 424 Australia Organic growth -1 (0%) 102 (32%) China due partial lockdowns significantly below exceptionally strong H1 Exte
Slide 9: North and South America
NORTH AND SOUTH AMERICA KPI in € mn H1 2022 H1 2021 Sales 300 224 Sales up 34% yoy Organic growth 48 (21%) 59 (33%) Organic growth primarily price-driven External growth 0 (0%) 9 (5%) Strong positive currency effects mainly from North America FX effects 28 (13%) -25 (-14%) EBIT bef. at Equity
Slide 10: Net Operating Working Capital (NOWC)
NET OPERATING WORKING CAPITAL (NOWC) 25,4% 900 845 25,0% 23,4% 800 22,6% 23,0% 21,8% 21,8% 700 671 624 21,0% 576 19,4% 600 543 19,0% 495 500 17,0% 400 85 80 71 80 82 93 15,0% 300 13,0% 2018 2019 2020 H1 2021 2021 H1 2022 NOWC (in € mn) NOWC (in %)* NOWC (in days)* * In relation to the annualized sal
Slide 11: External Uncertainties Impede Outlook
EXTERNAL UNCERTAINTIES IMPEDE OUTLOOK War in Ukraine and sanctions China's zero-covid strategy with against Russia high-risk potential for the local and global economy Further strong increases in raw High uncertainties Tightening of the supply chain material prices and significant cost regar
Slide 12: Raw Material Price Dislocations to Continue
RAW MATERIAL PRICE DISLOCATIONS TO CONTINUE WTI (Crude Oil) 175% 150% Crude oil with significant price increase since war in Ukraine and 125% sanctions against Russia 100% Jan. 22 Apr. 22 Jul. 22 FUCHS does not buy crude oil, however higher feedstock costs 185% combined with good base oil demand
Slide 13: Outlook for 2022 Reflects Uncertain Environment
OUTLOOK FOR 2022 REFLECTS UNCERTAIN ENVIRONMENT* March, 18th April, 29th July 29th 2021 2022 2022 2022 KPI in € mn Upper end Sales 3.0 - 3.3 3.0 - 3.3 2,871 of 3.0 - 3.3 Sales growth mainly price-driven €bn €bn €bn range Prior yr. level Prior yr. level Strict cost management vs. inflation, strong in
Slide 14: Financial Calendar & Contact
FINANCIAL CALENDAR & CONTACT Financial Calendar 2022 Investor Relations Contact July 29, 2022 Half-year financial report as at June 30, 2022 FUCHS PETROLUB SE Einsteinstraße 11 68169 Mannheim October 28, 2022 Quarterly statement as at Sept. 30, 2022 Phone: +49 (0) 621 3802-1105 www.fuchs.com/group/i
Slide 15: Disclaimer
DISCLAIMER The information contained in this presentation is for background purposes only and is subject to amendment, revision and updating. Certain statements and information contained in this presentation may relate to future expectations and other forward-looking statements that are based on man