Newsarchive - Schaeffler Technologies AG & Co. KG

Schaeffler Technologies AG & Co. KG - Schaeffler Technologies AG & Co. KG

Wind Industry Profile of

Schaeffler Technologies AG & Co. KG

Newsarchive - Schaeffler Technologies AG & Co. KG 2

Sustainability and agility: Schaeffler honors suppliers for exceptional performance

05/18/2022

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 starts new year with good first quarter

05/10/2022

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

Automated and Digitalized: Schaeffler Opens New Tool Technology Center

05/04/2022

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

Schaeffler annual general meeting approves doubling of dividend

04/22/2022

Dividend of 50 eurocents per common non-voting share / Schaeffler set-up proves resilient / Corporate strategy focuses on sustainability and digitalization

Schaeffler exhibits sustainable solutions for the food industry and innovations for robotics at Hanover trade fair

03/16/2022

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 closes 2021 with strong results and raises dividend

03/09/2022

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 publishes Sustainability Report 2021

03/08/2022

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

Assembly tool Schaeffler HEATER: Inductive heat for precise and sustainable assembly

02/07/2022

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.

Schaeffler Group acquires Melior Motion GmbH and strengthens robotics business

01/25/2022

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

Offshore production of hydrogen as a growth sector: Pilot project generates green hydrogen from seawater - Schaeffler strengthens its hydrogen expertise

12/20/2021

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: Innovative monitoring system ensures longer service life for rotors and reduced downtimes in wind turbines

12/14/2021

• 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

Product launch: Schaeffler presents OPTIME C1 intelligent relubrication system

11/23/2021

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 to buy green steel from Swedish start-up company H2greensteel

11/10/2021

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

Schaeffler Group confirms full-year earnings guidance for 2021

11/09/2021

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)

Precise and cost-effective alignment of shafts thanks to new LASER-EQUILIGN2

11/03/2021

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

H2Giga hydrogen flagship project: Schaeffler develops new technologies for the industrialization of hydrogen production

10/11/2021

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

Schaeffler develops solution for digitalization of tool manufacturing with DMG MORI

09/24/2021

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”

Schaeffler wins Railsponsible Supplier Award 2021

09/10/2021

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

Changes to Executive Board of Schaeffler AG

08/31/2021

Claus Bauer appointed Chief Financial Officer of Schaeffler AG / Sascha Zaps appointed Regional CEO Europe

Schaeffler raises guidance for 2021 following strong first six months

08/04/2021

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

Schaeffler expands its production capacities for wind power in China

05/28/2021

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

Schaeffler combines e-commerce, knowledge base and product catalog in a single platform

05/19/2021

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

Schaeffler Group raises guidance for 2021

05/12/2021

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

Schaeffler AGM adopts dividend of 25 eurocents per common non-voting share

04/26/2021

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

Jens Schüler appointed as new CEO of Automotive Aftermarket division

04/23/2021

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

Schaeffler is one of the 50 Sustainability & Climate Leaders of the United Nations

04/16/2021

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 introduce innovative and eco-friendly packing system for large size bearings

03/25/2021

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

Schaeffler publishes Sustainability Report 2020

03/05/2021

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 closes 2020 with strong fourth quarter

03/04/2021

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

Schaeffler to build state-of-the-art laboratory complex at Herzogenaurach campus

02/22/2021

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