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Schaeffler AG (SHA_p.DE)

SHA_p.DE on Xetra

7.92EUR
11:35am EST
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Latest Key Developments (Source: Significant Developments)

Schaeffler AG Says Revenue Grows 5.1 Pct In 2018 9M
Wednesday, 7 Nov 2018 02:00am EST 

Nov 7 (Reuters) - Schaeffler AG ::DGAP-NEWS: SCHAEFFLER AG: SALES GROW DESPITE DIFFICULT MARKET CONDITIONS, MARGIN DECREASE.SALES GROW DESPITE DIFFICULT MARKET CONDITIONS, MARGIN DECREASE.REVENUE GROWS 5.1 PERCENT AT CONSTANT CURRENCY IN FIRST NINE MONTHS.EBIT MARGIN BEFORE SPECIAL ITEMS FOR SAME PERIOD AT 10.7 PERCENT (PRIOR YEAR: 11.4 PERCENT).PERFORMANCE DECLINES IN BOTH AUTOMOTIVE DIVISIONS, INDUSTRIAL DIVISION BUSINESS REMAINS STRONG.FREE CASH FLOW BEFORE IN- AND OUTFLOWS FOR M&A ACTIVITIES OF 127 MILLION EUROS BELOW PRIOR YEAR (247 MILLION EUROS).DURING Q3, INDUSTRIAL DIVISION SIGNIFICANTLY INCREASED ITS REVENUE TO 854 MILLION EUROS (PRIOR YEAR: 790 MILLION EUROS).AT CONSTANT CURRENCY, REVENUE GROWTH FOR REPORTING PERIOD AMOUNTED TO 9.8 PERCENT AND WAS PRIMARILY DRIVEN BY INDUSTRIAL DISTRIBUTION.BASED ON ADJUSTED FULL-YEAR GUIDANCE ISSUED OCTOBER 30, 2018, SCHAEFFLER GROUP NOW ANTICIPATES REVENUE GROWTH OF 4 TO 5 PERCENT (PREVIOUSLY 5 TO 6 PERCENT) AT CONSTANT CURRENCY.EXPECTS AN EBIT MARGIN BEFORE SPECIAL ITEMS OF 9.5 TO 10.5 PERCENT (PREVIOUSLY 10.5 TO 11.5 PERCENT).  Full Article

Schaeffler To Reorganise Its UK Business Activities
Tuesday, 6 Nov 2018 04:45am EST 

Nov 6 (Reuters) - Schaeffler AG ::PROPOSES TO REORGANISE ITS UK BUSINESS ACTIVITIES AS PART OF ITS EXCELLENCE PROGRAMME "AGENDA 4 PLUS ONE".WILL RELOCATE SOME OF ITS UK PRODUCTION TO OTHER EXISTING SITES OUTSIDE COUNTRY.IT IS ANTICIPATED THAT REORGANISATION PLANS WILL TAKE UP TO TWO YEARS TO IMPLEMENT.  Full Article

Schaeffler Confirms Targets As Industrials Offset Auto Weakness
Wednesday, 19 Sep 2018 01:30am EDT 

Sept 19 (Reuters) - Schaeffler AG ::SCHAEFFLER GROUP EXPECTS TO FINISH FULL YEAR AT UPPER ENDS OF ABOVE-STATED MARGIN RANGES IN AUTOMOTIVE AFTERMARKET AND INDUSTRIAL DIVISIONS (ADDS OMITTED TEXT).DGAP-NEWS: SCHAEFFLER AG: SCHAEFFLER CONFIRMS GROUP GUIDANCE.SCHAEFFLER CONFIRMS GROUP GUIDANCE.NOW FORECASTING AUTOMOTIVE OEM DIVISION'S REVENUE TO GROW BY 4.5 TO 5.5 PERCENT AT CONSTANT CURRENCY.NOW FORECASTING ITS INDUSTRIAL DIVISION'S REVENUE TO GROW BY 8 TO 9 PERCENT AT CONSTANT CURRENCY.INDUSTRIAL DIVISION'S EBIT MARGIN BEFORE SPECIAL ITEMS IS EXPECTED TO BE IN 10 TO 11 PERCENT RANGE.EBIT MARGIN BEFORE SPECIAL ITEMS FOR AUTOMOTIVE OEM DIVISION IS EXPECTED TO BE IN 8.5 TO 9.5 PERCENT RANGE.  Full Article

Schaeffler Proposes Div of 0.55 euro on 2017 net income of 980 Mln Eur
Wednesday, 7 Mar 2018 02:00am EST 

March 7 (Reuters) - Schaeffler Ag ::SAYS TO RAISE THE DIVIDEND BY 5 CENTS TO 55 CENTS PER COMMON NON VOTING SHARE, A PAYOUT RATIO OF APPROXIMATELY 35 PERCENT‍​.SAYS 2017 NET INCOME INCREASES BY APPROXIMATELY 14 PERCENT TO 980 MILLION EUROS‍​.  Full Article

Schaeffler Says Jochen Schröder To Lead New E-Mobility Business Division‍​
Tuesday, 16 Jan 2018 09:00am EST 

Jan 16 (Reuters) - SCHAEFFLER AG ::JOCHEN SCHRÖDER TO LEAD THE SCHAEFFLER GROUP’S NEW E-MOBILITY BUSINESS DIVISION‍​.  Full Article

Schaeffler Q4 Sales 3.5 Bln Eur, Up 8.5 Pct At Constant Currency
Monday, 15 Jan 2018 10:23am EST 

Jan 15 (Reuters) - Schaeffler ::SCHAEFFLER SAYS 2017 REVENUE INCREASES BY 5.9 PERCENT TO 14.0BILLION EUROS - PRELIMINARY RESULTS.SCHAEFFLER SAYS STRONG 4TH QUARTER WITH GROWTH OF 8.5 PERCENT AT CONSTANT CURRENCY.SCHAEFFLER SAYS TO PUBLISH FULL AUDITED RESULTS ON MARCH 07, 2018.SCHAEFFLER SAYS FOURTH QUARTER REVENUE ROSE TO APPROXIMATELY 3.5 BILLION EUROS (PRIOR YEAR QUARTER: APPROXIMATELY 3.4 BILLION EUROS), UP 8.5 PERCENT AT CONSTANT CURRENCY.  Full Article

Schaeffler confirms 2017 aims after Q3 results
Wednesday, 8 Nov 2017 02:10am EST 

Nov 8 (Reuters) - Schaeffler Ag :dgap-news: schaeffler ag: solid 3 rd quarter 2017 for schaeffler.‍EBIT margin back up at 12.1 % in 3rd quarter (2nd quarter 9.9 %)​.Says ‍7.4 percent 3rd quarter revenue growth to prior year at constant currency​.Says ‍guidance for full year 2017 confirmed​.9M ‍net income up 18 percent at 791 million​ eur.  Full Article

Schaeffler sticks with lowered guidance after H1
Tuesday, 8 Aug 2017 02:02am EDT 

Aug 8 (Reuters) - Schaeffler AG :H1 net income stable at eur 485 million.Still sees 2017 revenue growth of 4 to 5 percent at constant currency, EBIT margin of 11 to 12 percent before special items.  Full Article

Schaeffler confirms 2020 financial targets
Thursday, 20 Jul 2017 08:24am EDT 

July 20 (Reuters) - SCHAEFFLER AG :FINANCIAL AMBITIONS 2020 CONFIRMED; AVERAGE SALES GROWTH OF 4-6 PERCENT P.A. AND EBIT MARGIN OF 12-13 PERCENT BEFORE SPECIAL ITEMS IN 2020 TARGETED.CHINA REMAINS KEY GROWTH DRIVER; DOUBLING OF SALES PLANNED OVER THE NEXT FIVE YEARS‍​.  Full Article

Schaeffler publishes preliminary key figures for first half of 2017
Tuesday, 18 Jul 2017 02:08am EDT 

July 18 (Reuters) - Schaeffler AG :Publishes preliminary key figures for first half of 2017.Group revenue increases by 3.8 percent at constant currency in first half of 2017; EMIT margin before special items at 11.1 percent.Weak performance of automotive division impacts group earnings in Q2.Industrial business back on growth course, margin further stabilized.  Full Article