Schaeffler publishes Q3 report

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Schaeffler Group increases revenue for the first nine months of 2023 by 6.6 percent at constant currency to 12.3 billion euros (prior year: 11.8 billion euros), revenue for the third quarter increases by 0.5 percent at constant currency / EBIT margin before special items for the reporting period at 7.9 percent (prior year: 6.9 percent), third-quarter EBIT margin before special items at 8.4 percent / Automotive Technologies and Automotive Aftermarket considerably improve earnings / Improvement in free cash flow before cash in- and outflows for M&A activities to 211 million euros in the reporting period (prior year: 35 million euros) / Overall Group guidance confirmed

Schaeffler AG published its results for the first nine months of 2023. The Schaeffler Group’s revenue for... ... More: Official Press Release Schaeffler

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