Schaeffler Group publishes 2021 results

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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

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