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SHA0 — Schaeffler AG News Story

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Schaeffler targets 2028 operating profit margin of 6% to 8%

Sept 16 (Reuters) - German machine and car parts maker Schaeffler SHA0n.DE on Tuesday released medium-term targets for 2028, saying the adjusted operating profit margin could double from 2024 levels, supported by a break-even at its E-Mobility division.

The company expects an adjusted earnings before interest and taxes margin to reach between 6% to 8%, compared with 3.5% in 2024, it said in a presentation for its investor day.

The company also targets sales of 27-29 billion euros  ($31.9-$34.2 billion) in 2028.

($1 = 0.8471 euros)

 (Reporting by Amir Orusov
Editing by Ludwig Burger)

 ((amir.orusov@thomsonreuters.com))

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