Schaeffler Presents Results for 2018

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Schaeffler Group meets targets in 2018, but sees challenging environment

Official Press Release Schaeffler:

Schaeffler Group meets targets in 2018

Wind Industry Profile of
Schaeffler Group meets targets in 2018

Revenue grows 3.9 percent at constant currency in challenging environment, EBIT margin before special items declines to 9.7 percent (prior year: 11.3 percent) in 2018 / Earnings of both Automotive divisions lower while Industrial division significantly improves earnings (up 47 percent) / Free cash flow before M&A activities of 384 million euros better than expected / Proposed dividend of 55 cents per common non-voting share at prior-year level / Cautious guidance for 2019

Global automotive and industrial supplier Schaeffler presented its results for 2018 today. The Schaeffler Group’s revenue for the reporting period amounted to approximately 14.2 billion euros (prior year: approximately 14.0 billion euros). At constant currency, revenue increased by 3.9 percent during... ... More: Official Press Release Schaeffler

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