Slide 1: FUCHS Group Financial Results Q1 2022
FUCHS GROUP Financial Results Q1 2022 | Analyst’s Conference, 29th April 2022 | Dagmar Steinert, CFO
Slide 2: Highlights Q1 2022
Highlights Q1 2022 Good start into the year in a continued challenging environment Q1 2022 Updated outlook FY 2022* €808 mn Sales growth mainly price driven High external uncertainties Sales up 16% yoy impede outlook EBIT down 8% compared to an exceptionally strong Q1 2021 Sales: €3.0 - €3.3
Slide 3: Sales development
Sales development 16% € mn 742 808 714 718 697 638 616 620 504 Q1 '20 Q2 Q3 Q4 Q1 '21 Q2 Q3 Q4 Q1 '22 l3
Slide 4: EBIT development
EBIT development -8% € mn 110 101 91 90 93 88 84 72 40 Q1 '20 Q2 Q3 Q4 Q1 '21 Q2 Q3 Q4 Q1 '22 l4
Slide 5: Q1 2022 Group sales
Q1 2022 Group sales € mn 1.000 85 1 25 (12%) (0%) (4%) 808 800 697 600 400 111 (16%) 200 0 Q1 2021 Organic Growth External Growth FX Q1 2022 l5
Slide 6: Q1 2022 earnings summary
Q1 2022 earnings summary KPI in € mn Q1 2022 Q1 2021 Sales up 16% mainly price-driven Sales 808 697 Gross profit up 3% yoy, however gross profit margin of 32.4% due to inflated sales 4.2%-pts. lower than the exceptionally strong Q1 2021 Cost of sales -546 -442 Gross profit 262 255 Other functi
Slide 7: Europe, Middle East, Africa
Europe, Middle East, Africa KPI in € mn Q1 2022 Q1 2021 Sales 481 419 Sales up 15% yoy mainly price-driven Organic growth 60 (15%) 24 (6%) Most entities with double-digit growth rates, esp. the German specialties business, South Africa, the United Kingdom and Sweden External growth 1 (0%) 0 (0%)
Slide 8: Asia-Pacific
Asia-Pacific Sales up 11% yoy mainly price-driven KPI in € mn Q1 2022 Q1 2021 Sales growth driven by positive price developments in South-East Asia and Sales 237 213 Australia Organic growth 10 (5%) 67(46%) China with a difficult start into the year, significantly below exceptionally External
Slide 9: North and South America
North and South America KPI in € mn Q1 2022 Q1 2021 Sales 141 111 Sales up 27% yoy mainly price-driven Organic growth 20 (18%) 6 (6%) Significant sales increase in both North and South America External growth 0 (0%) 8 (7%) Strong positive currency effects from both North and South America FX e
Slide 10: Net operating working capital (NOWC)
Net operating working capital (NOWC) 900 25,0% 23,4% 23,1% 22,6% 800 23,0% 21,8% 748 700 671 21,0% 20,1% 19,4% 600 576 19,0% 561 543 495 500 17,0% 85 80 71 73 82 84 400 15,0% 300 13,0% 2018 2019 2020 Q1 2021 2021 Q1 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 against Russia China's zero-covid strategy with high-risk potential for the local and global economy Full year development Further strong increases in raw material difficult to be estimated due prices and significant cost infla
Slide 12: Raw material price dislocations to continue
Raw material price dislocations to continue 175% WTI (Crude Oil) 150% Crude oil with significant price increase since war in Ukraine and 125% sanctions against Russia 100% Jan. 22 Feb. 22 Mrz. 22 Apr. 22 135% FUCHS does not buy crude oil, however weak refinery margins in combination with strong
Slide 13: Outlook for 2022 reflects uncertain environment
Outlook for 2022 reflects uncertain environment* March, 18th April, 29th 2021 2022 2022 KPI in € mn 3.0 - 3.3 3.0 - 3.3 Organic growth thanks diversified global setup Sales 2,871 €bn €bn and price increases Prior yr. level Strict cost management vs. inflation, strong increases EBIT 363 360 - 390 (lo
Slide 14: FUCHS Capital Markets Day 2022
FUCHS CAPITAL MARKETS DAY 2022 Key topics Long-term financial targets New business opportunities Sustainability at FUCHS June 28th 2022 FUCHS Headquarter Registration is now open 10:00 am – 4:00 pm Mannheim To register please click here
Slide 15: Financial Calendar & Contact
Financial Calendar & Contact Financial Calendar 2022 Investor Relations Contact May 3, 2022 Virtual Annual General Meeting 2022 FUCHS PETROLUB SE Einsteinstraße 11 68169 Mannheim June 28, 2022 FUCHS Capital Markets Day Phone: +49 (0) 621 3802-1105 www.fuchs.com/group/investor-relations July 29, 2022
Slide 16: 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