Slide 1: FUCHS Group Financial Results Q1-3 2018
FUCHS GROUP Financial Results Q1-3 2018 | Analyst’s Conference, 30th October 2018 | Dagmar Steinert, CFO
Slide 2: Highlights Q1-3 2018
Highlights Q1-3 2018 Sales +5% EBIT increase by 6% to € 1,953 mn to € 297 mn (including € 12 mn one-off effect) ▪ Organic growth across all three regions: Europe, Asia-Pacific, Africa and Americas; Outlook 2018 updated: Growth rate decreased in Q3 ▪ Sales +3% to +5% ▪ Negative FX effect impacting sa
Slide 3: Sales development Q1-3 2018
Sales development Q1-3 2018 € mn 1,703 1,862 1,953 + 5% YoY 700 668 643 642 618 629 615 611 600 586 567 564 550 500 400 300 Q1 '16 Q2 '16 Q3 '16 Q4 '16 Q1 '17 Q2 '17 Q3 '17 Q4 '17 Q1 '18 Q2 '18 Q3'18 l3
Slide 4: Q1-3 2018 Group sales
Q1-3 2018 Group sales € mn 2200 + 164 -6 - 67 (+ 9%) (-) (- 4%) 2000 1,953 1800 1,862 + 91 1600 (+ 5%) 1400 1200 1000 Q1-3 2017 Organic Growth External Growth FX Q1-3 2018 l4
Slide 5: Regional sales growth Q1-3 2018
Regional sales growth Q1-3 2018 Europe and Asia-Pacific, Africa declining in the course of the year Q1-3 2018 Q1-3 2017 Growth Organic External FX (€ mn) (€ mn) Europe 1,181 1,142 +3% +5% -1% -1% Asia-Pacific, Africa 601 544 +10% +15% - -5% Americas 304 302 +1% +11% - -10% Consolidation -133 -126 -
Slide 6: Income statement Q1-3 2018
Income statement Q1-3 2018 Negative FX-effects impacting EBIT € mn Q1-3 2018 Q1-3 2017 Δ € mn Δ in % Sales 1,953 1,862 91 5 Gross Profit 686 667 19 3 Gross Profit margin 35.1 35.8 - -0.7 %-points Other function costs -410 -400 -10 3 EBIT before at Equity 276 267 9 3 At Equity 21 14 7 50 EBIT1 297 28
Slide 7: EBIT development
EBIT development EBIT before one-off effect in brackets € mn + 6% YoY (+ 1%YoY) 277 281 297 (285) 120 101 104 (92) 98 96 94 94 94 91 92 92 90 85 60 30 0 Q1 '16 Q2 '16 Q3 '16 Q4 '16 Q1 '17 Q2 '17 Q3 '17 Q4 '17 Q1 '18 Q2 '18 Q3 '18 l7
Slide 8: EBIT by regions
EBIT by regions Q1-3 2018 (Q1-3 2017) € mn 48 -6 297 (50) (- 13) (281) 300 97 (98) 250 200 158 (146) 150 100 50 0 EBIT margin Europe Asia-Pacific, Africa Americas Holding/cons. Group before at equity 12.2% (12.7%) 15.0% (15.6%) 15.8% (16.6%) 14.1% (14.3%) l8
Slide 9: Cash flow Q1-3 2018
Cash flow Q1-3 2018 € mn Q1-3 2018 Q1-3 2017 Earnings after tax 219 198 Amortization/Depreciation 42 40 Changes in net operating working capital (NOWC) -57 -91 Other changes -10 8 Capex -73 -66 Free cash flow before acquisitions1 121 89 Acquisitions1 12 -1 Free cash flow 133 88 1 Including divestmen
Slide 10: Q1-3 2018 earnings summary
Q1-3 2018 earnings summary ▪ Strong organic growth across all regions; accelerated growth in North America, declining momentum in Asia-Pacific, Africa and Europe ▪ Negative FX-effects continue to impact sales and earnings ▪ Increase in gross profit as a result of higher volumes and sales prices; mar
Slide 11: Outlook 2018 updated
Outlook 2018 updated Outlook 2018 Updated Outlook 2018 Performance indicator Actual 2017 (March & July 18) (October 18) Sales € 2,473 mn +3% to +6% +3% to +5% EBIT before one-off effect1 € 373 mn +2% to +4% On par with previous year EBIT € 373 mn - +2% to +4% FUCHS Value Added € 250 mn At previous y
Slide 12: 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
Slide 13: Thank you for your attention
Thank you for your attention