Global automotive and industrial supplier Schaeffler published its interim financial report for the first half of 2022 today. The Schaeffler Group’s revenue for the first six months amounted to 7,548 million euros (prior year: 7,014 million euros). The 3.1 percent constant-currency increase in revenue compared to the prior year period was mostly attributable to favorable price realization.
The automotive and industrial supplier Schaeffler has signed an agreement with an affiliate of Triton Fund V for the acquisition of the Ewellix Group. The purchase of the global manufacturer and supplier of linear technology components and systems, which is still conditional on regulatory scrutiny and approval, strengthens Schaeffler’s market position, particularly in the linear business.
Global automotive and industrial supplier Schaeffler published its interim statement for the first three months of 2022 today. The Schaeffler Group’s revenue for the reporting period amounted to 3,758 million euros (prior year: 3,560 million euros).