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Schaeffler AG Industriestraße 1-3 91074 Herzogenaurach, Germany http://www.schaeffler-group.com
Contact Mr Jens Briemle +49 9132 824440
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Schaeffler AG

2nd quarter supported by strong Industrial business - Weak market environment for Automotive OEM triggers guidance adjustment

(PresseBox) (Herzogenaurach, )

Q2 2019 with improved EBIT margin before special items in spite of decrease in revenues (FX-adjusted)
Industrial division strong, Automotive OEM under pressure due to challenging market conditions
Positive free cash flow (before M&A activities) in Q2, measures to improve capital efficiency gain traction
Group and divisional guidance for 2019 adjusted


The global automotive and industrial supplier Schaeffler today published preliminary results for the second quarter 2019 and announced an adjustment of its 2019 full-year guidance for the Schaeffler Group and its divisions.

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