2024-02-24
http://w3.windfair.net/wind-energy/news/45918-schaeffler-report-quarter-q3-challenge-market-conditions-results-outflow-activity

Schaeffler publishes Q3 report

Image: SchaefflerImage: Schaeffler
Schaeffler AG published its results for the first nine months of 2023.

Official Press Release Schaeffler:

Schaeffler reports strong third quarter despite challenging market conditions

Wind Industry Profile of
Schaeffler reports strong third quarter despite challenging market conditions

Schaeffler Group increases revenue for the first nine months of 2023 by 6.6 percent at constant currency to 12.3 billion euros (prior year: 11.8 billion euros), revenue for the third quarter increases by 0.5 percent at constant currency / EBIT margin before special items for the reporting period at 7.9 percent (prior year: 6.9 percent), third-quarter EBIT margin before special items at 8.4 percent / Automotive Technologies and Automotive Aftermarket considerably improve earnings / Improvement in free cash flow before cash in- and outflows for M&A activities to 211 million euros in the reporting period (prior year: 35 million euros) / Overall Group guidance confirmed

Schaeffler AG published its results for the first nine months of 2023. The Schaeffler Group’s revenue for... ... More: Official Press Release Schaeffler

Keywords:
Schaeffler, report, quarter, Q3, challenge, market conditions, results, outflow, activity







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