FUCHS SE Achieves Record EBIT in 2024

FUCHS SE concluded the financial year 2024 with a notable 5% increase in EBIT, reaching EUR 434 million, and an EBIT margin of 12.3%. Despite challenges in the global economy, the company's sales revenues remained stable at EUR 3.5 billion. Earnings per share rose by 10%, highlighting a strong financial performance.

The company announced its 23rd consecutive dividend increase, now up by 5%. Looking ahead, FUCHS projects 2025 sales revenues around EUR 3.7 billion and an EBIT near EUR 460 million. Strategic acquisitions in 2024, such as LUBCON and STRUB AG, support its growth initiatives.

Regional performances varied slightly, with earnings improvements in Eastern Europe and South Africa. Asia-Pacific saw a 1% sales rise, driven by China and India, while North and South America experienced a 1% decrease, affected by currency fluctuations.