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

Schaeffler delivers encouraging strong 3rd quarter in difficult environment

(PresseBox) (Herzogenaurach, )

Third-quarter revenue up 20.2 percent from prior year at constant currency, third-quarter EBIT margin before special items at 8.4 percent (prior year: 7.8 percent)
Automotive Technologies delivers strong constant-currency revenue increase of 25.2 percent in third quarter of 2022 due to increased volumes
Automotive Aftermarket revenue benefits from high market demand
Industrial with excellent performance during the reporting period, delivering adjusted EBIT margin of 12.5 percent and contributing nearly 50 percent of earnings
Positive free cash flow before cash in- and outflows for M&A activities 240 million euros in third quarter of 2022 (prior year quarter: 225 million euros)
Full-year guidance for 2022 confirmed


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