Fuchs (FPE3) CMD 2026 summary

Review of previous strategy cycle (FUCHS2025)

• Achieved mid-single-digit annual sales growth, increasing sales from EUR 2.6 billion to EUR 3.6 billion, mainly through volume, price increases, and strategic acquisitions.

• EBIT grew in line with sales, reaching EUR 435 million in 2025, but fell short of the EUR 500 million and 15% margin targets due to inflation and external shocks.

• Segmentation approach and innovation drove focused growth in Americas and Asia-Pacific, strengthening market presence.

• Maintained strong cash generation, returning over EUR 1.2 billion to shareholders and investing EUR 300 million in M&A, with a disciplined capital allocation policy.

• Built a resilient, decentralized organization with a strong culture, emphasizing feedback, empowerment, and efficient capital use.

Strategic review and foundation

• Growth mindset and open feedback culture focused on mega trends: new mobility, sustainability, and digitalization.

• Decentralized organization with strong regional presence and global coordination.

• Customer focus, best practice sharing, and cultural development were key achievements.

• Lessons learned highlight resilience, effective segmentation, and need for further margin expansion.

Introduction of new strategy cycle (FUCHS100)

• FUCHS100 targets focused growth, sustainability, and people, with six priority areas: Customer Brands, Automotive Aftermarket, New Mobility, Rotary Motion, Performance Greases, and Special Application Solutions.

• Strategy emphasizes sharper focus, leveraging global R&D, and transferring best practices internationally, while maintaining a full product portfolio.

• Identifies four megatrends—regionalization, mobility transformation, AI/digitalization, and sustainability—as key growth drivers.

• Plans to expand in non-Automotive and Aftermarket segments, where current market share is low but growth potential is high.

• Acquisitions will be targeted to support focus areas, with recent deals (Nye, LUBCON, Boss) expected to drive future growth.