Investor Presentaiton
H1 2021 earnings summary
KPI in € mn
H1 2021
H1 2020
Sales
1,411
1,120
Cost of sales
-914
-730
Gross profit
497
390
Other function costs
-310
-282
EBIT bef. at Equity
187
108
EBIT
191
112
☐
CAPEX
-32
-58
■
NOWC
624
574
FCF bef. acq.
12
15
133
LUBRICANTS.
TECHNOLOGY.
PEOPLE.
FUCHS
Sales growth strongly driven by automotive industry from China
■ H1 gross profit margin of 35.2% 0.4 %-points up yoy; Q2 margin
with 33.9% 2.7%-points lower qoq due to increasing raw material
prices and product mix
With increased business volume, other function costs up by
€28 million, primarily due to higher selling expenses
EBIT up 71% yoy; EBIT margin of 13.5%
CAPEX lower by around 45% yoy
NOWC 11% higher qoq (Q1: €561 mn) due to higher sales and prices.
FCF bef. acq. lower yoy: Higher earnings vs. NOWC build-up and
tax reversalView entire presentation