Refile: BUZZ-Schaeffler tumbles on 2026 guidance below expectations

Schaeffler AG

03/03/2026 09:39

Removes extraneous word in headline.

** Shares in SchaefflerSHA0n.DE fall 18% after the German automotive parts supplier posted weak 2026 guidance

** Schaeffler guides for FY EBIT margin of 3.5-5.5%, and J.P. Morgan says the midpoint of the range is below the consensus estimates of 5.3%

** Jefferies adds the miss in the guidance is driven by the E-mobility division, whose forecast for a negative profit margin of -14.5% at midpoint is below the broker's expectation of -11%

** Schaeffler shares are on track for their worst day in about 6 years

(Reporting by Simon Ferdinand Eibach and Mathias de Rozario)

((Simonferdinand.eibach@thomsonreuters.com))