sur Schaeffler AG (ETR:DE000SHA)
Schaeffler Begins 2026 With Growth
Schaeffler AG reported positive results for Q1 2026 amidst a challenging market. Revenue reached 5.8 billion euros, a slight increase of 1.0% at constant currency. The EBIT margin before special items improved to 5.0%, up from 4.7% the previous year. Growth was driven by the E-Mobility sector, which saw a 6.0% revenue increase, powered by product advancements in Europe and Asia/Pacific.
While the Americas and Greater China experienced revenue declines, the Asia/Pacific region showed significant growth at 8.0%. The Vehicle Lifetime Solutions division increased its EBIT margin to 15.9%. Bearings & Industrial Solutions saw revenue growth in Greater China.
Despite a negative free cash flow of -209 million euros due to seasonal factors, the full-year outlook for 2026 remains on track. Overall, Schaeffler continues its strategy execution to become a leading Motion Technology Company.
R. E.
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