Schaeffler Group publishes 2021 results

Image: SchaefflerImage: Schaeffler
While the results for last year were strong, the company suspends guidance for 2022.

Official Press Release Schaeffler:

Schaeffler Group closes 2021 with strong results and raises dividend

Wind Industry Profile of
Schaeffler Group closes 2021 with strong results and raises dividend

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

Global automotive and industrial supplier Schaeffler presented its results for 2021 today. The Schaeffler Group’s revenue for the reporting... ... More: Official Press Release Schaeffler

Schaeffler, guidance, 2021, margin, free cash flow, results, EBIT, marge, supplier, dividend

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