2024-03-19
http://w3.windfair.net/wind-energy/news/44089-schaeffler-revenue-quarter-q1-ebit-marge-cluster-growth-market-supplier-automotive-region-global-costs

Schaeffler Group starts with good results in Q1

All Images: Schaeffler GroupAll Images: Schaeffler Group
Global automotive and industrial supplier Schaeffler published its figures for the first three months of 2023.

Official Press Release Schaeffler:

Schaeffler Group starts 2023 with good quarter

Wind Industry Profile of
Schaeffler Group starts 2023 with good quarter

Revenue at Schaeffler Group up strongly, rising by 10.4 percent at constant currency to 4.2 billion euros in first quarter / EBIT margin before special items of 8.1 percent (prior year: 6.9 percent) / Automotive Technologies increases EBIT margin substantially, outstanding first quarter at Automotive Aftermarket, Industrial generates growth in all market clusters / Free cash flow before cash in- and outflows for M&A activities of -73 million euros due to seasonal factors / Strong balance sheet – Moody’s upgrades rating

Global automotive and industrial supplier Schaeffler published its figures for the first three months of 2023. Revenue for the reporting period amounted to 4,152 million euros (prior year: 3,758 million euros), corresponding to a constant-currency increase in... ... More: Official Press Release Schaeffler

Keywords:
Schaeffler, revenue, quarter, Q1, EBIT, marge, cluster, growth, market, supplier, automotive, region, global, costs







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