Schaeffler has turned in a positive revenue and earnings performance for Q3

Image: SchaefflerImage: Schaeffler
The company has confirmed its guidance for the full year 2017.

Official Press Release Schaeffler:

Solid 3rd quarter 2017 for Schaeffler

Wind Industry Profile of
Solid 3rd quarter 2017 for Schaeffler

7.4 percent 3rd quarter revenue growth to prior year at constant currency / EBIT margin back up at 12.1 % in the 3rd quarter (prior quarter: 9.9 %) / EUR 333 million Free cash flow in 3rd quarter / Net income increased by 18 percent after 9 months to prior year / Guidance for the full year 2017 confirmed

Global automotive and industrial supplier Schaeffler has turned in a positive revenue and earnings performance thanks to a solid 3rd quarter of 2017. The revenues rose over the first nine months of the year to approximately EUR 10.5 billion (prior year: approximately EUR 10.0 billion), which represents growth of 5.0 percent in constant currency terms. The growth momentum increased in the 3rd quarter of 2017. After two relatively weak quarters, growth in constant... ... More: Official Press Release Schaeffler

EBIT, Q3, Schaeffler, guidance, quarter, revenue

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