Schaeffler raises full-year free cash flow guidance
Oct 28 (Reuters) - German machine and car parts maker Schaeffler SHA0n.DE on Tuesday raised its full-year adjusted free cash flow guidance, citing higher profitability, strict cost controls and a cautious investment policy. The company now expects adjusted free cash flow in 2025 to be between 0-200 million euros ($0-$233.24 million) compared with the range of -200 to 0 million euros seen before. ($1 = 0.8575 euros) (Reporting by Amir Orusov) ((Amir.orusov@thomsonreuters.com))
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