Record Earnings Per Share Growth
Fuchs achieved a 10% growth in earnings per share, driven by a strong conversion of net profit into cash flow and increased EBIT.
Successful Volume Growth
Despite challenging economic conditions, Fuchs reported significant volume growth, primarily driven by specialty and automotive aftermarket segments.
Strong Regional Performance
All regions contributed to growth, with notable performance in EMEA, Asia Pacific, and Americas. China, India, and Australia showed significant improvements.
Solid Cash Conversion
Fuchs achieved a cash conversion rate of 1.0, converting the entire earnings into cash, ending the year with a strong net cash position.
Strategic Acquisitions
Fuchs completed strategic acquisitions, including LUBCON and BOSS, to strengthen its specialty business and enhance regional presence.