Schaeffler AG generated 936 million euros in earnings before financial result, income taxes (EBIT), and special items during the reporting period (pro-forma prior year: 842 million euros). This represents an EBIT margin before special items of 4.0 percent (pro-forma prior year: 3.5 percent).
Schaeffler AG published its results for 2023 today. The Schaeffler Group’s revenue for the year amounted to 16.3 billion euros (prior year: 15.8 billion euros). Revenue grew by 5.8 percent at constant currency, in line with the guidance for 2023 [revenue growth of 5 to 8 percent]. The constant-currency increase in revenue in 2023 is mainly attributable to increased volumes.
Schaeffler presented its results for 2022 today. The Schaeffler Group’s revenue for the reporting period amounted to 15.8 billion euros (prior year: 13.9 billion euros). At constant currency, revenue was up 9.4 percent, exceeding the guidance. The year was characterized by considerable revenue growth, which was largely attributable to an increase in volume in Automotive and Industrial divisions.
