Strong earnings with record sales in China but the upcoming increase in raw material prices raises eyebrows, and despite an increase in the guidance for FY21. In our view, Fuchs seems to be managing this crisis well, as such a strong surge in raw material prices could have been much more dramatic.
30 Apr 2021
Q1: raw materials crisis under control for now
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Q1: raw materials crisis under control for now
Strong earnings with record sales in China but the upcoming increase in raw material prices raises eyebrows, and despite an increase in the guidance for FY21. In our view, Fuchs seems to be managing this crisis well, as such a strong surge in raw material prices could have been much more dramatic.