Germany's Fuchs SE raises 2026 EBIT forecast

Overview

• Germany lubricants maker's preliminary 9M 2026 sales and EBIT rose yr/yr

• Company raised 2026 EBIT forecast above previous guidance

Outlook

• FUCHS raises 2026 EBIT forecast to around €500 mln from €460-480 mln

• Company now sees 2026 sales revenue at around €4.1 bln, up from well above €3.7 bln

Result Drivers

• STRONG EARNINGS - Co attributed upward revision of EBIT forecast to strong earnings performance in first nine months

• INFLATION IMPACT - Co expects revenue growth to continue in Q4 due to inflation

• PRE-BUYING EFFECTS - Co said pre-buying effects from Q2 will negatively impact Q4 sales

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the commodity chemicals peer group is "buy."

• Wall Street's median 12-month price target for Fuchs Se is €43.00, about 10.3% above its October 16 closing price of €39.00

• The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)