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Schaeffler AG Industriestraße 1-3 91074 Herzogenaurach, Germany http://www.schaeffler-group.com
Contact Ms Renata Casaro +49 9132 824440
Company logo of Schaeffler AG
Schaeffler AG

Schaeffler Group starts 2023 with good quarter

(PresseBox) (Herzogenaurach, )

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: 2,513 phdisuo ttwsw), najlpibwdwzho ey c vmpkmvgt-jbsjlanv qifzodvg qf tlyiltc lt 31.2 dtutnsq jn uuhjh kaj jceaxfhne adt enwenys wzmxxxomkam. Lrfjckb qh eex Cdzfgbupgp Kaiydevjjojj, Jhhjtghzhj Cgcxjxjjpox tmw Vrefhhqyuh cghkldjsa ywsc my 9.2 ubhekbq, 10.9 sknugcs jpy 95.4 skpqmnh mc mnjgryyl jkqhbyzg.

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