Fuchs publishes transcript of H1 2026 results analyst call

Reuters2026/08/03 11:36

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Transcript covered the H1 2026 results analyst call attended by CEO Stefan Fuchs, CFO Esma Saglik, IR head Andreas Schaller, analysts from ODDO BHF, JPMorgan, Deutsche Bank, Barclays, Bank of America, Kepler Cheuvreux, Berenberg.
H1 sales EUR 2 billion (+11%); EBIT EUR 260 million (+24%); Q2 sales EUR 1.1 billion (+21%); gross margin 34.8%; EBIT margin 13%.
2026 EBIT guidance raised to EUR 460 million-EUR 480 million; sales still seen significantly above EUR 3.7 billion; free cash flow before acquisitions significantly below EUR 270 million.
Management flagged Q2 growth split: about one-third organic, one-third pre-buying, one-third competitor supply shortfalls; pre-buying expected to unwind by year-end.
Fire severely damaged the Saudi Arabia JV plant; no output expected for the rest of the year; rebuild seen taking a year-plus; guidance impact not expected.

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Fuchs publishes transcript of H1 2026 results analyst call

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