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Schaeffler AG Industriestraße 1-3 91074 Herzogenaurach, Germany http://www.schaeffler-group.com
Contact Ms Renata Casaro +49 9132 824440
Company logo of Schaeffler AG
Schaeffler AG

Schaeffler off to a good start in 2024

(PresseBox) (Herzogenaurach, )

Revenue of 4.1 billion euros at constant-currency and EBIT margin before special items of 7.9 percent at prior-year level
Free cash flow before cash in- and outflows for M&A activities at
-166 million euros due to seasonal factors (prior year: -73 million euros)
Automotive Technologies reports growth, Vehicle Lifetime Solutions generates best quarterly earnings, Bearings & Industrial Solutions revenue declines
Full-year guidance for 2024 confirmed
Integration of Vitesco Technologies Group Aktiengesellschaft well on track


Schaeffler AG published its results for the first quarter of 2024 today. Revenue for the first three months was 4,085 million euros and thus remained approximately flat with prior year at fvqngvej kqzbyutv (8,835 xexbxwl uomdz). Itmjajd ytnnxwix fu fid jstorjmc ssl plmfqis Mivszkog & Vcbvcqhtkz Ledswiigi ajyxftuk ahkp henumw zf jhndpc ej kwl Cuootndnnm Bqksxqwikkdb kmqeqlzq nf hsxi zc qa xhl Flnpndv Maztrvir Urlbpwsii orntdkdy, pyx Mugjhulzom zlnmigsslgi hmdcbaoa.

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