Brief: Schaeffler Confirms Outlook For 2024

Schaeffler AG

07/05/2024 07:14

May 7 (Reuters) - SCHAEFFLER AG  SHA_p.DE :
    * SCHAEFFLER AG - INCLUDING SPECIAL ITEMS, EBIT AMOUNTED TO
415
MILLION EUROS (PRIOR YEAR: 244 MILLION EUROS)(ADDS DROPPED WORDS
'INCLUDING SPECIAL ITEMS')
    * SCHAEFFLER AG - FULL-YEAR GUIDANCE FOR 2024 CONFIRMED
    * SCHAEFFLER AG - SCHAEFFLER GROUP GENERATED 322 MILLION
EUROS
(PRIOR YEAR: 335 MILLION EUROS) IN EBIT BEFORE SPECIAL ITEMS IN
FIRST THREE MONTHS
    * SCHAEFFLER AG - SLIGHT DECLINE IN EBIT MARGIN BEFORE
SPECIAL
ITEMS IN Q1 OF 2024 WAS PARTLY DUE TO IMPACT OF ACCOUNTING FOR
38.9 PERCENT INVESTMENT IN VITESCO TECHNOLOGIES GROUP
AKTIENGESELLSCHAFT
    * SCHAEFFLER AG - NET INCOME ATTRIBUTABLE TO SHAREHOLDERS OF
PARENT COMPANY, WHICH TOTALED 231 MILLION EUROS FOR Q1 OF 2024

Further company coverage:  SHA_p.DE 

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