2022-10-06
http://w3.windfair.us/wind-energy/news/41601-schaeffler-results-supplier-environment-challenge-financial-report-half-h1-2022-revenue-increase

Schaeffler: solid results in a challenging environment

Image: SchaefflerImage: Schaeffler
Guidance for 2022 confirmed

Official Press Release Schaeffler AG:

Schaeffler delivers solid results in challenging environment

Wind Industry Profile of
Schaeffler delivers solid results in challenging environment

Slight revenue increase in H1/2022 of 3.1 percent at constant currency despite pandemic-related lockdown in Greater China / EBIT margin before special items of 6.1 percent (prior year: 10.0 percent) held back by higher procurement costs / Free cash flow before cash in- and outflows for M&A activities for H1 of -204 million euros (prior year: 243 million euros) affected by one-off restructuring payments / Full-year guidance for 2022 confirmed / Transformation consistently continued: strong order intake at Automotive Technologies, 50:50 joint venture Innoplate, acquisition of Ewellix

Global automotive and industrial supplier Schaeffler published its interim financial report for the first half of 2022 today. The Schaeffler Group’s revenue for the first six months amounted to... ... More: Official Press Release Schaeffler AG

Keywords:
Schaeffler, results, supplier, environment, challenge, financial report, half, H1, 2022, revenue, increase







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