Slide 1: Financial Results Q1 2023
FUCHS GROUP Financial Results Q1 2023 | Analyst’s Conference, 28th April 2023 | Isabelle Adelt, CFO
Slide 2: Highlights Q1 2023
HIGHLIGHTS Q1 2023 SUCCESSFUL START INTO THE YEAR Q1 2023 Outlook FY 2023 €936 mn Sales development strongly Confirmation of outlook in an Sales up 16% yoy price-driven uncertain economic environment Sales: ~ €3.6 bn Implemented price increases from €103 mn 2022 drive Q1 2023 EBIT EBIT: ~ €3
Slide 3: Sales Development
SALES DEVELOPMENT 16% € mn 936 902 870 832 808 742 714 718 697 Q1 '21 Q2 Q3 Q4 Q1 '22 Q2 Q3 Q4 Q1 '23 l3
Slide 4: EBIT Development
EBIT DEVELOPMENT € mn 11% 101 100 103 90 93 88 87 85 84 Q1 '21 Q2 Q3 Q4 Q1 '22 Q2 Q3 Q4 Q1 '23 l4
Slide 5: Q1 2023 Group Sales
Q1 2023 GROUP SALES € mn 138 - -10 (17%) (0%) (-1%) 936 808 128 (16%) Q1 2022 Organic External Currency Q1 2023 l5
Slide 6: Q1 2023 KPI Summary
Q1 2023 KPI SUMMARY KPI in € mn Q1 2023 Q1 2022 Sales up 16% mainly price- and currency-driven Sales 936 808 Gross profit up 10% by compensation of sig. cost inflation through Cost of sales -647 -546 higher selling prices in 2022, however margin of 30.9% 1.5%-pts. lower yoy Gross profit 289 262
Slide 7: Europe, Middle East, Africa
EUROPE, MIDDLE EAST, AFRICA KPI in € mn Q1 2023 Q1 2022 Sales 552 481 Sales price-driven 15% up Organic growth 80 (17%) 60 (15%) Almost all entities with double-digit growth rates; particularly high absolute and relative increases in Germany, Great Britain, South External growth - 1 (0%) Africa,
Slide 8: Asia-Pacific
ASIA-PACIFIC KPI in € mn Q1 2023 Q1 2022 Sales 252 237 Sales up 6% driven by prices despite negative currency effects Organic growth 21 (9%) 10 (5%) After ending its zero-covid strategy, China below level of last year; Australia with highest growth contribution External growth - - FX effects -6
Slide 9: North and South America
NORTH AND SOUTH AMERICA KPI in € mn Q1 2023 Q1 2022 Sales 181 141 Sales up 28% due to price increases and positive business development Organic growth 35 (25%) 20 (18%) Both North and South America improved EBIT in light of positive business External growth - - development FX effects 5 (3%) 10 (
Slide 10: Net Liquidity
NET LIQUIDITY 3 € mn Free cash flow before acq. €52 mn l 10
Slide 11: Net Operating Working Capital (NOWC)
NET OPERATING WORKING CAPITAL (NOWC) Q4 22 vs Q1 23: Inventories - €6 mn Rec. ./. Liab. + €35 mn 965 871 900 845 748 245 671 191 236 271 720 576 215 543 164 654 635 629 Rec. ./. Liab. 495 Inventories 166 162 533 507 NOWC (in %) 136 410 381 359 25,4% 26,7% 25,0% 24,0% 23,4% 22,6% 23,1% 21,8% 19,4% Q4
Slide 12: 2023 Outlook Marking a Step Towards EBIT Target 2025
2023 OUTLOOK MARKING A STEP TOWARDS EBIT TARGET 2025 STRIVING FOR ALL-TIME HIGHS IN SALES, EBIT AND FCF BEF. ACQUISITIONS 2022 2023 KPI* in € mn Sales 3,412 ~ 3,600 Organic growth from higher business volume and pricing lag-effects EBIT 365 ~ 390 Strict cost management vs. cost inflation (esp. perso
Slide 13: Different Price Developments for Raw Material Basket
DIFFERENT PRICE DEVELOPMENTS FOR RAW MAT. BASKET 200% Market Development Q1 Base oil group I and II further decreased globally 180% with regional differences in terms of timing and magnitude Base oil group III remained firm due to structural tightness and 160% persisting supply limitations of si
Slide 14: Financial Calendar & Contact
FINANCIAL CALENDAR & CONTACT Financial Calendar 2023 Investor Relations Contact May 3, 2023 Annual General Meeting 2023 FUCHS PETROLUB SE Einstreinstr. 11 68169 Mannheim July 28, 2023 Financial Report H1 2023 Phone: +49 (0) 621 3802-1105 www.fuchs.com/group/investor-relations October 27, 2023 Quarte
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