2019-06-18
http://w3.windfair.net/wind-energy/news/28219-schaeffler-quarter-division-outlook-guidance-revenue-2018

Schaeffler: 2018 Started According to Plan

Image: SchaefflerImage: Schaeffler
Schaeffler reports quarterly results for three divisions for the first time / guidance for the year confirmed

Official Press Release Schaeffler:

Schaeffler Reports Three Divisions for the First Time and Confirms Guidance for the Year

Wind Industry Profile of
Schaeffler Reports Three Divisions for the First Time and Confirms Guidance for the Year

2018 started according to plan, sales growth at constant currency 3.9 percent / Automotive OEM grows four percent above market, Automotive Aftermarket revenue drops temporarily, rapid growth for Industrial division / EBIT margin before special items of 11 percent at mid-target, over 300 million euros invested / Transformation accelerated, network of plants to be realigned and structured more efficiently / Outlook confirmed, growth to accelerate in second half of 2018

Global automotive and industrial supplier Schaeffler announced its quarterly results for the first three months of 2018 today. As a result of the organizational realignment initiated last year, this is the first time the company is also reporting on the performance of its three divisions – Automotive OEM... ... More: Official Press Release Schaeffler

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Schaeffler, quarter, division, outlook, guidance, revenue, 2018







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