Schaeffler says diversification, growth initiatives support Q2 profit

Schaeffler AG

05/08/2026 06:33

Aug 5 (Reuters) - German machine and car parts maker Schaeffler SHA0n.DE on Wednesday reported second-quarter operating profit in-line with market expectations, saying its diversified business structure and progress in growth areas helped support earnings.
The company said its adjusted earnings before interest and tax (EBIT) rose to €264 million ($304.44 million) in the quarter, in line with analysts' estimate of €266 million seen in a company-provided consensus. The corresponding margin of 4.5% met the 4.5% forecast.
     
($1 = 0.8672 euros)

(Reporting by Amir Orusov; editing by izabela Niemiec)
((Amir.orusov@thomsonreuters.com))