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Schaeffler Technologies AG & Co. KG Industriestraße 1-3 91074 Herzogenaurach, Germany http://www.schaeffler.com
Contact Mr Heiko Eber +49 9132 8288125
Company logo of Schaeffler Technologies AG & Co. KG
Schaeffler Technologies AG & Co. KG

Schaeffler grows in challenging market environment

(PresseBox) (Herzogenaurach, )



Schaeffler Group increases revenue for the first six months by 2.0 percent at constant currency to 8,276 million euros (prior year: 8,208 million euros)
EBIT margin before special items declines to 6.3 percent (prior year: 7.6 percent)
Automotive Technologies generates double-digit growth at E-Mobility, Vehicle Lifetime Solutions as growth driver, Bearings & Industrial Solutions revenue and earnings decline
Free cash flow before cash in- and outflows for M&A activities at -91 million euros, affected by integration of Vitesco
Combined full-year guidance for 2024 adjusted
Integration with Vitesco on track


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