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Investor Presentaiton slide image

Investor Presentaiton

FCF outlook 2021 burdened by NOWC build-up and tax payments Bridge 2021 vs 2020 LUBRICANTS. TECHNOLOGY. FUCHS PEOPLE. € mn 238 Higher inventories (volume and price) Higher accounts receivables FCF bef. acq. 2020 Δ Earnings after tax A D/A - CAPEX A NOWC · Payment of tax liabiity 2020 in 2021 . Higher advance tax payments in 2021 Δ Other Changes 110 FCF bef. acq. 2021
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