Slide 1: FUCHS PETROLUB SE Q3/2014
FUCHS PETROLUB SE Q3/2014 Dr. Alexander Selent, Vice Chairman & CFO Reiner Schmidt, Member of the Group Management Committee Dagmar Steinert, Head of Investor Relations Mannheim, 31 October 2014
Slide 2: The first 9 months of 2014
The first 9 months of 2014 Sales revenues up by just under 2% to €1.4 billion (+4% currency adjusted) At €236 million, earnings before interest and tax (EBIT) at previous year's level Free cash flow increased to €108 million Earnings forecast confirmed 2 FUCHS PETROLUB SE
Slide 3: Q3/2014: Record sales revenues
Q3/2014: Record sales revenues € mn 500 468.3 468.7 462.5 483.5 442.0 452.6 456.8 400 300 200 100 0 Q1 '13 Q2 '13 Q3 '13 Q4 '13 Q1 '14 Q2 '14 Q3 '14 +3.2% YoY +4.5% QoQ 3 FUCHS PETROLUB SE
Slide 4: Q3/2014: Record EBIT
Q3/2014: Record EBIT € mn 83.4 84.7 80.4 80 73.4 75.1 75.6 75.6 60 40 20 0 Q1 '13 Q2 '13 Q3 '13 Q4 '13 Q1 '14 Q2 '14 Q3 '14 + 1.6% YoY + 12.0% QoQ 4 FUCHS PETROLUB SE
Slide 5: 1-9/2014: Organic growth in sales revenues of 3.9%
1-9/2014: FUCHS recorded organic growth in sales revenues of 3.9%. The increase in sales volumes was largely compensated by currency effects. € mn +€23.8 mn (+1.7%) 1.450,0 1,450.0 6.7 37.0 54.1 Organic growth of 3.9% or €54.1 mn 1,250.0 1.250,0 External growth of 0.5% or €6.7 mn organic external cu
Slide 6: All three world regions contribute to the organic growth
1-9/2014: All three world regions contribute to the organic growth Regional sales growth Asia/Pacific, North- und Group* 1-9/2014 Africa South America € mn 11.7 0.9 23.8 Organic growth 80 Currency effects 60 External growth 40 54.1 20 32.7 14.0 14.2 0 6.0 0.7 0.0 6.7 -2.2 -13.1 -20 -21.7 -37.0 -40 -
Slide 7: At €236 million, EBIT reach previous year's record level
1-9/2014: At €236 million, EBIT reach previous year’s record level € mn 1-9/2014 1-9/2013 Variance Sales revenues 1,402.8 1,379.0 23.8 1.7% Gross profit 522.7 520.7 2.0 0.4% Gross profit margin 37.3% 37.8% Admin., sales, R&D and other net operating expenses 295.8 293.6 2.2 0.7% Expenses as a percent
Slide 8: EBIT growth in Europe compensates negative currency effects
1-9/2014: EBIT growth in Europe compensates negative currency effects in Australia, South Africa and South America € mn EBIT 1-9/2014 250 -10.2% -0.5% 43.1 -3.9 -9.0% 235.9 200 70.9 150 +8.6% 100 125.8 50 0 Europe Asia North and Holding Group Pacific/Africa South America costs/cons. EBIT margin befo
Slide 9: Free cash flow increased
1-9/2014: Free cash flow increased € mn 1-9/2014 1-9/2013 Gross cash flow 175.3 167.7 Change in working capital -40.9 -23.5 Other changes 5,7 3.0 Operating cash flow 140.1 147.2 Capex (incl. financial investment) -45.6 -51.2 Other changes 13.4 4.1 Free cash flow 107.9 100.1 9 FUCHS PETROLUB SE
Slide 10: Capex and two smaller acquisitions
Capex and two smaller acquisitions € mn Key investments were made in 51.2 Germany, China, Australia and 45.6 the U.S. Acquisition of two smaller companies. 1-9/2014 1-9/2013 10 FUCHS PETROLUB SE
Slide 11: Increase in employees
Increase in employees 4,124 236 more people since 3,888 3,874 beginning of the year. Approximately half of the new employees can be attributed to the acquisitions in South Africa and Great Britain. 30.09.2014 31.12.2013 30.09.2013 11 FUCHS PETROLUB SE
Slide 12: Outlook
Outlook FUCHS forecasts an organic sales growth in the low single-figure percentage range for 2014 We expect to repeat the record EBIT of the previous year Capex in the 4th quarter will be above the average we have seen so far Free cash flow should at least reach the previous year‘s level 12 FUCHS P
Slide 13: Thank you for your attention
Thank you for your attention This presentation contains statements about future development that are based on assumptions and estimates by the management of FUCHS PETROLUB SE. Even if the management is of the opinion that these assumptions and estimates are accurate, future actual developments and f
Slide 14: FUCHS PETROLUB SE Investor Relations
FUCHS PETROLUB SE Investor Relations Friesenheimer Str. 17 68169 Mannheim Telefon +49 (0)621 3802 1201, Fax +49 (0)621 3802 7274 ir@fuchs-oil.de, www.fuchs-oil.com 14 FUCHS PETROLUB SE