Global supplier network to play key role in achieving climate neutrality by 2040 / Schaeffler honors 17 suppliers with the Schaeffler Supplier Award / Agility along the entire value added chain is crucial for successful business
Schaeffler Group revenue grows by 1.9 percent at constant currency despite challenging market conditions / EBIT margin before special items at 6.9 percent following strong exceptional prior year quarter (11.2 percent) / Positive free cash flow before M&A activities of 14 million euros (prior year: 130 million euros) / Automotive Technologies with 2.0 billion euros in order intake in E Mobility BD / Cautious FY 2022 guidance
Investment to the tune of tens of millions strengthens tool expertise in Germany, allowing innovative products to be manufactured / Tool Technology Center in Höchstadt produces precision tools for global Schaeffler locations / “Bits meet metal”: Automated, digitalized manufacturing significantly increases the competitiveness of toolmaking
Dividend of 50 eurocents per common non-voting share / Schaeffler set-up proves resilient / Corporate strategy focuses on sustainability and digitalization
Sustainable engineering and new product portfolio for the food and packaging industry / Expansion of the product range for lightweight robots and cobots, and presentation of strain wave gears with an integrated sensor system / Enlargement of the solution portfolio to include high-precision planetary gearboxes
Schaeffler Group increases revenue by 9.7 percent at constant currency / EBIT margin before special items of 9.1 percent (following 6.3 percent in the prior year), EBIT before special items increased by 59 percent / Diversification and resilience are paying off, Automotive Aftermarket and Industrial divisions deliver more than 50 percent of earnings / Strong free cash flow before cash in- and outflows for M&A activities of 523 million euros in line with prior year level (prior year: 539 million euros) / Proposed dividend of 50 cents per common non-voting share doubled from prior year / Guidance suspended due to current developments
Schaeffler Group will be climate-neutral from 2040 / Production locations in Europe have been purchasing all electricity from renewable sources since 2021 / Cooperation with H2greensteel to purchase CO2-free steel from 2025 / Integration of sustainability goals into managers’ remuneration, CDP climate rating “A-” confirmed / Sustainability remains of strategic importance for the coming years, despite current geopolitical uncertainties
Schaeffler expands portfolio of energy-efficient induction heating technology / New assembly tool HEATER enables uniform, controlled and careful heating of work components / HEATER as Schaeffler's first induction assembly product following the acquisition of special tool manufacturer BEGA International B.V.
Manufacturer of innovative precision gearboxes for industrial robots acquired / Strategic bolt-on acquisition in a growth area within the industrial automation business unit / Patented planetary gearboxes facilitate high-precision positioning and repeat accuracy of robots along with extra-long service lives / Potential for growth in robotics as well as in machine tools, medical technology, logistics, and packaging machines
Schaeffler is extending its expertise, technologies and products in the sector of green hydrogen production / Innovative solution for desalination and purification of seawater enables operation of Schaeffler's own PEM stack / Effectiveness of the technology proven through test operation in the port of Texel
• Schaeffler PREMESY monitors bearing preload in wind turbines during assembly and operation • High-precision, digital distance sensors and a monitoring unit are key components of the system • Continuous monitoring makes it possible to implement predictive maintenance
Schaeffler’s OPTIME C1 system simplifies complex lubrication management in industrial production plants / The system provides maintenance personnel with key information on all connected lubricators / Targeted maintenance of relubrication systems eliminates the need for periodic, route-based checks
Schaeffler signs off-take agreement with H2greensteel for supply of green steel / From 2025, Schaeffler to source 100,000 tons of the steel, which is produced virtually CO2-free, on an annual basis / The ordered green steel reduces Schaeffler’s CO2 emissions c. p. by up to 200,000 tons per year / The agreement is a first major step to make Schaeffler’s supply chain carbon-neutral by 2040
Revenue for the first nine months increases by 15.9 percent at constant currency compared to prior year (3rd quarter 2021 down 3 percent compared to prior year quarter) / Strong EBIT margin before special items of 9.6 percent (prior year: 4.2 percent) for the first nine months (3rd quarter 2021 8.2 percent)
Schaeffler continues to expand its range of innovative mounting tools / The new LASER-EQUILIGN2 alignment tool meets the highest requirements for user-friendliness when aligning shafts / High energy efficiency and lower operating costs thanks to precise shaft alignment
Schaeffler is the consortium lead for the sub-project “Stack Scale up – Industrializing PEM Electrolysis” of the H2Giga hydrogen flagship project / The sub-project aims to develop new, scalable technologies and production processes for PEM-low-temperature electrolysis stacks / Schaeffler’s expertise in production technology and electrochemistry is a decisive success factor in this growing market
Joint development of an innovative, dynamically integrated system for more efficient and sustainable production / Expansion of the long-standing partnership with DMG MORI / Andreas Schick: “This innovative production system for tool manufacturing promises significant improvements in agility, efficiency, and response times within Schaeffler’s global production network”
Railsponsible is a leading railway industry initiative for sustainable sourcing / Award marks “European Year of Rail” by honoring active contributions to climate protection / Schaeffler wins in “Climate Change and Circular Economy” category with its 100 percent return service for axlebox bearings
Claus Bauer appointed Chief Financial Officer of Schaeffler AG / Sascha Zaps appointed Regional CEO Europe
Strong revenue growth of 27.4 percent at constant currency in H1/2021, all divisions growing across all regions / Strong operating earnings (EBIT before special items) of 722 million euros (prior year: 54 million euros) with strong EBIT margin before special items of 10.3 percent driven by all three divisions / Free cash flow before cash in- and outflows for M&A activities of 243 million euros considerably better than prior year period (¬-148 million euros) / Guidance for 2021 raised following strong H1/2021 with cautious outlook for H2/2021
New production hall opened for the production of large-size bearings for wind power applications in Nanjing / The largest production location for wind power bearings within the Schaeffler Group worldwide / Implementation of the entire value-added chain in the region strengthens sustainability / Wind power is a strategic growth area as part of the Roadmap 2025
Research, compare, and order: Schaeffler has optimized its medias online platform with new functions and a new, responsive design / The platform is structured as a three-tier user model and covers different customer requirements / The content is adapted to the specific countries and available in eleven languages
Considerable recovery of Automotive Technologies and rapid growth in China drive up group revenue by 11.2 percent at constant currency / Economies of scale result in extraordinarily strong EBIT margin before special items of 11.3 percent (prior year: 6.5 percent) / Free cash flow before for M&A activities of 130 million euros at prior year level (137 million euros) despite higher restructuring expenditures / Full-year guidance for 2021 adjusted upward
Good start to 2021 financial year / Broad consensus with employee representatives on workforce downsizing / Rigorous implementation of Roadmap 2025 – “We pioneer motion” / Ulrike Hasbargen elected as shareholder representative on Supervisory Board
Michael Söding will retire at the end of the year after 20 years at Schaeffler / Söding successfully established and developed the Automotive Aftermarket division into a global market leader / Jens Schüler brings many years of international experience in the fields of strategy, sales and marketing, and digitalization
United Nations names Schaeffler Group one of its 50 Sustainability & Climate Leaders worldwide / Nomination for clearly defined sustainability strategy and consistent sustainability management / Video documentary shows company-wide activities and technologies in favor of sustainability and climate protection
Schaeffler and Flender develop innovative “SMART Box”, a reusable transport box for large size bearings / The modular design of the box ensures improved handling and reduced storage space / “SMART Box” provides an innovative solution for environmental and climate protection
Substantial improvement in CDP climate rating from “D” to “A-” / Measures to increase resource and energy efficiency significantly intensified during 2020 / Carbon-neutral production within the Schaeffler Group by 2030 / Schaeffler is one of the UN’s 50 Sustainability and Climate Leaders
Schaeffler Group weathers crisis well despite constant currency revenue decline of 10.4 percent / Diversification with three divisions and four regions drives operating earnings (EBIT margin before special items at 6.4 percent; prior year: 8.1 percent) / Free cash flow before cash in- and outflows for M&A activities of 539 million euros ahead of prior year (prior year: 473 million euros) / Proposed dividend of 25 cents per common non-voting share / Guidance based on cautious market assessment
Automotive and industrial supplier investing in state-of-the-art, sustainable R&D infrastructure as part of its Roadmap 2025 / New 15,000 sqm central laboratory complex will consolidate and integrate 15 laboratories representing Schaeffler’s core competencies and key technologies / Complex to be built and operated as a green building in accordance with latest sustainability standards / Investment will strengthen Schaeffler’s competitiveness and its Herzogenaurach campusHerzogenaurach
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