Matthew Yates's questions to Fuchs Petrolub SE/ADR (FUPBY) leadership • Q1 2025
Question
Matthew Yates from Bank of America requested a regional breakdown of the onetime operating costs to understand their impact on EMEA versus Americas margins. He also asked about the likelihood of executing the proposed 10% share buyback, considering the company's strong balance sheet and M&A pipeline.
Answer
CFO Isabelle Adelt clarified that the share buyback authorization is a standard measure kept 'in the drawer' with no current plans for a new program. CEO Stefan Fuchs specified that the onetime costs were concentrated in North America, which explains the discrepancy between the region's strong sales growth and flat profit growth.