Schaeffler Publishes Revenue for 2019

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Revenue 2019 at prior year level despite demanding environment, EBIT margin before special items of 8.1 percent below prior year (9.7 percent) / Schaeffler Group and divisions meet adjusted guidance / Free cash flow before cash in- and outflows for M&A activities of 473 million euros increased considerably (prior year 384 million euros) / Proposed dividend of 45 cents per common non-voting share / Guidance for 2020 reflects conservative market assessment

Global automotive and industrial supplier Schaeffler presented its results for 2019 today. The Schaeffler Group’s revenue for the reporting period amounted to approximately 14.4 billion euros (prior year: approximately 14.2 billion euros). At constant currency, revenue for the period increased by 0.1 percent.... ... More: Official Press Release Schaeffler

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