Strong Year-to-Date Performance
Sales are on prior year level despite challenging market conditions, with volumes up across all regions. EBIT year-to-date is up 7%, and EBIT margin improved to 12.5%.
Successful Share Buyback Program
The share buyback program was concluded in Q3, contributing to double-digit growth in earnings per share.
Diversified Regional Growth
All regions contributed to growth, with Germany and Poland performing exceptionally well in EMEA and strong results from China and Australia in APAC.
LUBCON Acquisition
The acquisition of LUBCON was successfully closed, adding to the growth portfolio and strengthening the company's foothold in several markets.
Positive Free Cash Flow
The company reported free cash flow of almost €200 million by the end of Q3, driven by strong operational results.