Schaeffler AG · ISIN: DE000SHA0159 · EQS - Company News

Schaeffler off to a good start in 2024

Schaeffler off to a good start in 2024 Revenue of 4.1 billion euros at constant-currency and EBIT margin before special items of 7.9 percent at prior-year level Free cash flow before cash in- and outflows for M&A activities at -166 million euros due to seasonal factors (prior year: -73 million euros) Automotive Technologies reports growth, Vehicle Lifetime Solutions generates best quarterly earnings, Bearings & Industrial Solutions revenue declines Full-year guidance for 2024 conf...

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07 May 2024 08:00AM
Schaeffler off to a good start in 2024
Schaeffler off to a good start in 2024 Revenue of 4.1 billion euros at constant-currency and EBIT margin before special items of 7.9 percent at prior-year level Free cash flow before cash in- and outflows for M&A activities at -166 million euros due to seasonal factors (prior year: -73 million euros) Automotive Technologies reports growth...
Schaeffler AG
25 April 2024 04:50PM
Annual General Meeting of Schaeffler approves merger ofVitesco Technologies Group Aktiengesellschaft into Schaeffler AG
Annual General Meeting of Schaeffler approves merger of Vitesco Technologies Group Aktiengesellschaft into Schaeffler AG Approval of the merger by the Annual General Meeting, completion of the merger still expected in the fourth quarter of 2024 Preparations for the integration of Vitesco proceeding according to plan Annual General Meeting appr...
Schaeffler AG
22 April 2024 11:38AM
Schaeffler and Siemens intensify collaboration
Artificial intelligence: Schaeffler and Siemens intensify collaboration Schaeffler and Siemens sign memorandum of understanding (MoU) in the field of artificial intelligence in production Memorandum of understanding focuses on joint development of digital solutions for the shop floor and AI applications in the industrial sector Innovative AI a...
Schaeffler AG
22 March 2024 08:06AM
Schaeffler AG successfully places a bond in the amount of 850 million euros
NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN    Schaeffler AG successfully places a bond in the amount of 850 million euros   Herzogenaurach, Germany | March 22, 2024 | Yesterday, Schaeffler AG successfully placed a corporate bond with a volume of 850 million euros with intern...
Schaeffler AG
13 March 2024 06:30PM
Schaeffler and Vitesco enter into merger agreement
Schaeffler and Vitesco enter into merger agreement Merger agreement signed following approval by the respective Supervisory Boards Exchange ratio of 11.4 Schaeffler shares per Vitesco share confirmed Completion of the merger is still expected in the fourth quarter of 2024 following the approval of the respective Annual General Meetings Herzoge...
Schaeffler AG
05 March 2024 08:12AM
Schaeffler publishes Sustainability Report 2023
Schaeffler publishes Sustainability Report 2023 Sustainability strategy with ten actionable areas along the three ESG dimensions Decarbonization as the main environmental challenge Product development as key to sustainable technological transformation Social responsibility and values-based corporate governance Herzogenaurach, Germany | March ...
Schaeffler AG
05 March 2024 08:00AM
Schaeffler Group improves profitability in 2023
 Schaeffler Group improves profitability in 2023 Schaeffler Group revenue up 5.8 percent at constant currency to 16.3 billion euros (prior year: 15.8 billion euros) EBIT before special items improved to 1,187 million euros (prior year: 1,046 million euros), EBIT margin before special items at 7.3 percent (prior year: 6.6 percent) Automotive Te...
Schaeffler AG
26 February 2024 06:41PM
Schaeffler Announces New Automotive Manufacturing Facility
Schaeffler Announces New Automotive Manufacturing Facility Future of mobility development workforce in Ohio to add 650 jobs by 2032 Planned investment of over USD 230 million in state-of-the-art manufacturing facility and future expansion in Ohio, USA until 2032 Investment reflects Schaeffler’s ambition to realize growth potential in the Americ...
Schaeffler AG
26 February 2024 09:43AM
Schaeffler AG reaches agreement with Vitesco Technologies Group AG on a preliminary exchange ratio of 11.4 Schaeffler shares per Vitesco share for the intended merger
Publication of inside information pursuant to Article 17 ofRegulation (EU) No. 596/2014   Schaeffler AG reaches agreement with Vitesco Technologies Group AG on a preliminary exchange ratio of 11.4 Schaeffler shares per Vitesco share for the intended merger.   Herzogenaurach, February 26, 2024 – Schaeffler AG (“Schaeffler”) has preliminarily agr...
Schaeffler AG
23 February 2024 05:07PM
Schaeffler Group reappoints CEOs of both automotive divisions
Schaeffler Group reappoints CEOs of both automotive divisions Herzogenaurach | February 23, 2024 | At its meeting today, the Supervisory Board of Schaeffler AG agreed to renew the contracts of Executive Board members Matthias Zink and Jens Schüler for five years each, effective January 1, 2025. Matthias Zink (54) has been a member of the Executi...
Schaeffler AG
08 February 2024 03:30PM
Schaeffler receives an “A” score in the climate change category
CDP rating: Schaeffler receives an “A” score in the climate change category Schaeffler achieves CDP “A” rating in the climate change category CDP result confirms Schaeffler’s sustainability strategy Climate Action Plan drives implementation Herzogenaurach, Germany | February 8, 2024 | Schaeffler has been awarded an “A” score in the climate cha...
Schaeffler AG
02 February 2024 04:43PM
Shareholders of Schaeffler AG approve conversion of non-voting common shares
Shareholders of Schaeffler AG approve conversion of non-voting common shares Conversion of non-voting common shares into common shares with full voting rights approved with large majority Conversion intended to become effective with the merger of Vitesco into Schaeffler Second step of the three-step overall transaction successfully completed ...
Schaeffler AG
23 January 2024 02:09PM
Schaeffler acquires additional stake of 9 percent in Vitesco
Schaeffler acquires additional stake of 9 percent in Vitesco Stake previously held by BofA Securities Europe S.A. as part of a Total Return Swap agreement with Schaeffler Price paid for additional Vitesco shares below the consideration of the tender offer Together with IHO Holding, Schaeffler holds 88.81 percent of the share capital and voting ...
Schaeffler AG
09 January 2024 09:00AM
Schaeffler AG successfully issues bonds to finance the acquisition of Vitesco shares
NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN   Schaeffler AG successfully issues bonds to finance the acquisition of Vitesco shares   Bond issuance with a total volume of 1.1 billion euros in two tranches with tenor of two and a half and five and a half years Issuance procee...
Schaeffler AG
21 December 2023 03:09PM
European Investment Bank finances research and development of sustainable technologies at Schaeffler AG
European Investment Bank finances research and development of sustainable technologies at Schaeffler AG Loan volume of 420 million euros with a term of up to ten years Funding of research and development expenses for innovative technologies in the automotive and industrial sectors with a focus on renewable energies, electric mobility, and hydro...
Schaeffler AG
20 December 2023 10:00AM
Schaeffler AG has secured 29.88 percent of Vitesco Technologies Group AG with its public tender offer
  Schaeffler AG has secured 29.88 percent of Vitesco Technologies Group AG with its public tender offer    Tender offer successful, 11,957,629 Vitesco shares have been tendered Schaeffler AG stake in Vitesco Technologies Group AG around 30 percent Completion of tender offer and payment of consideration on January 5, 2024 Extraordinary Ge...
Schaeffler AG
15 December 2023 02:36PM
Klaus Rosenfeld to remain CEO of Schaeffler AG for a further five-year term
Klaus Rosenfeld to remain CEO of Schaeffler AG for a further five-year term Klaus Rosenfeld has been CEO of Schaeffler AG since June 2014 Contract extended for a further five years Integration of Vitesco Technologies Group AG as important task for the future Georg F. W. Schaeffler: “Klaus Rosenfeld stands for continuity and progress in equal ...
Schaeffler AG
27 November 2023 08:14AM
Schaeffler AG and Vitesco Technologies Group AGSign Business Combination Agreement
    Schaeffler AG and Vitesco Technologies Group AGSign Business Combination Agreement     Schaeffler and Vitesco Technologies will create a leading Motion Technology Company with four focused “pure-play” divisions Nine-member Management Board planned; E-Mobility division will be headed by a Vitesco executive Integration committee with...
Schaeffler AG
27 November 2023 08:11AM
Conclusion of a Business Combination Agreement with Vitesco Technologies Group AG
Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014 Schaeffler AG: Conclusion of a Business Combination Agreement with Vitesco Technologies Group AG; Decision of Schaeffler AG to increase the offer price under tender offer to shareholders of Vitesco Technologies Group AG. Herzogenaurach, November 27, 2023. Sc...
Schaeffler AG
20 November 2023 09:00AM
Schaeffler AG appoints Dr. Astrid Fontaine as Chief Human Resources Officer
  Schaeffler AG appoints Dr. Astrid Fontaine as Chief Human Resources Officer   Dr. Astrid Fontaine has extensive experience in the automotive industry and most recently worked for the Volkswagen Group Human Resources is playing an important role in the process of integrating Vitesco in the Schaeffler Group Georg F. W. Schaeffler wants to ...
Schaeffler AG
07 November 2023 08:00AM
Schaeffler reports strong third quarter despite challenging market conditions
Schaeffler reports strong third quarter despite challenging market conditions   Schaeffler Group increases revenue for the first nine months of 2023 by 6.6 percent at constant currency to 12.3 billion euros (prior year: 11.8 billion euros), revenue for the third quarter increases by 0.5 percent at constant currency EBIT margin before special i...
Schaeffler AG
09 October 2023 07:06AM
Schaeffler AG to Launch Public Tender Offer for Outstanding Shares of Vitesco Technologies Group AGto Create a Leading Motion Technology Company
  Schaeffler AG to Launch Public Tender Offer for Outstanding Shares of Vitesco Technologies Group AGto Create a Leading Motion Technology Company     Public tender offer for all outstanding shares of Vitesco Technologies Group AG; offer price of 91 euros represents an attractive premium of around 20 percent on the 3-month volume-weighte...
Schaeffler AG
09 October 2023 07:04AM
Voluntary public tender offer in the form of a cash offer to all shareholders of Vitesco Technologies Group AG; first step towards business combination with Vitesco Technologies Group AG
Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014 Schaeffler AG: Voluntary public tender offer in the form of a cash offer to all shareholders of Vitesco Technologies Group AG; first step towards business combination with Vitesco Technologies Group AG. Herzogenaurach, October 9, 2023. Schaeffler AG, with it...
Schaeffler AG
11 September 2023 09:15AM
Schaeffler and H2 Green Steel intensify cooperation
Schaeffler and H2 Green Steel intensify cooperation  Increase in equity stake adds third pillar to cooperative venture, alongside strategic technology partnership and off-take agreement Schaeffler increases equity interest in H2 Green Steel to 100 million euros Use of steel produced by H2 Green Steel reduces CO2 emissions by up to 95 percent co...
Schaeffler AG
04 September 2023 11:00AM
From e-cargo bikes to e-shuttles – With Schaeffler, electromobility is becoming a present-day reality 
  From e-cargo bikes to e-shuttles – With Schaeffler, electromobility is becoming a present-day reality    Electrification and automation present exciting growth opportunities for Schaeffler 500 million euros to be invested in new and expanded electric motor production capacity worldwide by 2026 Self-driving electric shuttle from planned ...
Schaeffler AG
31 August 2023 10:59AM
Schaeffler and VDL Groep to team up on self-driving shuttle
Schaeffler and VDL Groep to team up on self-driving shuttles Schaeffler and VDL plan to jointly develop and produce a new generation of self-driving electric shuttles for public transport Mobileye to provide the shuttle vehicles with autonomous driving systems for SAE level 4 First demonstrator and all relevant automotive electrification and s...
Schaeffler AG
24 August 2023 11:00AM
Schaeffler rear-wheel steering system goes into series production
World premiere: Schaeffler rear-wheel steering system goes into series production First customer choses Schaeffler’s innovative steering system for its electric SUV; other makes of vehicle featuring the system to go into production soon Mechatronic rear-wheel steering system by Schaeffler enhances ride comfort, agility, and safety World’s firs...
Schaeffler AG
18 August 2023 09:00AM
Schaeffler develops next-generation bipolar plates for fuel cell drives
More power, new design: Schaeffler develops next-generation bipolar plates for fuel cell drives   Fuel cell stacks with new metallic bipolar plates by Schaeffler exceed the power density of stacks made with previous-generation plates by about 20 percent. At a pilot plant in Herzogenaurach, Schaeffler is already making the plates for vehicle m...
Schaeffler AG
02 August 2023 08:00AM
Schaeffler raises overall Group guidance for 2023 following robust second quarter
Schaeffler raises overall Group guidance for 2023 following robust second quarter   Schaeffler Group increases revenue for the first half of 2023 by 10.1 percent at constant currency to 8.2 billion euros (prior year: 7.5 billion euros) EBIT margin before special items at 7.6 percent (prior year: 6.1 percent) Automotive Technologies generates...
Schaeffler AG
02 August 2023 08:00AM
Schaeffler AG: Schaeffler raises overall Group guidance for 2023 following robust second quarter
Schaeffler raises overall Group guidance for 2023 following robust second quarter   Schaeffler Group increases revenue for the first half of 2023 by 10.1 percent at constant currency to 8.2 billion euros (prior year: 7.5 billion euros) EBIT margin before special items at 7.6 percent (prior year: 6.1 percent) Automotive Technologies generates...
Schaeffler AG
29 June 2023 11:00AM
Schaeffler AG: Schaeffler opens new development center in Kysuce: Think-tank for tomorrow’s mobility
Schaeffler opens new development center in Kysuce: Think-tank for tomorrow’s mobility   Schaeffler strengthens ability to innovate for the future of mobility with global network of 20 R&D centers Investment of 20 million euros in state-of-the-art development center and new testing and laboratory capacity Future-of-mobility development wo...
Schaeffler AG
29 June 2023 11:00AM
Think-tank for tomorrow’s mobility
Schaeffler opens new development center in Kysuce: Think-tank for tomorrow’s mobility   Schaeffler strengthens ability to innovate for the future of mobility with global network of 20 R&D centers Investment of 20 million euros in state-of-the-art development center and new testing and laboratory capacity Future-of-mobility development wo...
Schaeffler AG
26 May 2023 03:45PM
Schaeffler AG: Supervisory Board of Schaeffler AG appoints Sascha Zaps as new CEO Industrial
Supervisory Board of Schaeffler AG appoints Sascha Zaps as new CEO Industrial Dr. Stefan Spindler to fulfill his contract until April 30, 2024 and familiarize Sascha Zaps with his new role Decision on successor to Regional CEO Europe to be taken in good time before handover Internal solution ensures continuity in the management of Industrial d...
Schaeffler AG
26 May 2023 03:45PM
Supervisory Board of Schaeffler AG appoints Sascha Zaps as new CEO Industrial
Supervisory Board of Schaeffler AG appoints Sascha Zaps as new CEO Industrial Dr. Stefan Spindler to fulfill his contract until April 30, 2024 and familiarize Sascha Zaps with his new role Decision on successor to Regional CEO Europe to be taken in good time before handover Internal solution ensures continuity in the management of Industrial d...
Schaeffler AG
09 May 2023 08:00AM
Schaeffler Group starts 2023 with good quarter
Schaeffler Group starts 2023 with good quarter   Revenue at Schaeffler Group up strongly, rising by 10.4 percent at constant currency to 4.2 billion euros in first quarter EBIT margin before special items of 8.1 percent (prior year: 6.9 percent) Automotive Technologies increases EBIT margin substantially, outstanding first quarter at Automot...
Schaeffler AG
09 May 2023 08:00AM
Schaeffler AG: Schaeffler Group starts 2023 with good quarter
Schaeffler Group starts 2023 with good quarter   Revenue at Schaeffler Group up strongly, rising by 10.4 percent at constant currency to 4.2 billion euros in first quarter EBIT margin before special items of 8.1 percent (prior year: 6.9 percent) Automotive Technologies increases EBIT margin substantially, outstanding first quarter at Automot...
Schaeffler AG
20 April 2023 03:38PM
Schaeffler AGM approves dividend and appoints new Supervisory Board member
 Schaeffler AGM approves dividend and appoints new Supervisory Board member   Dividend set at 45 eurocents per common non‑voting share Solid performance in 2022 despite challenging environment Sustainability strategy further refined Maria-Elisabeth Schaeffler-Thumann steps down from Supervisory Board, Appointment of Katherina Reiche as new ...
Schaeffler AG
20 April 2023 03:38PM
Schaeffler AG: Schaeffler AGM approves dividend and appoints new Supervisory Board member
 Schaeffler AGM approves dividend and appoints new Supervisory Board member   Dividend set at 45 eurocents per common non‑voting share Solid performance in 2022 despite challenging environment Sustainability strategy further refined Maria-Elisabeth Schaeffler-Thumann steps down from Supervisory Board, Appointment of Katherina Reiche as new ...
Schaeffler AG
07 March 2023 08:17AM
Schaeffler publishes 2022 Sustainability Report
Schaeffler publishes 2022 Sustainability Report   Schaeffler Group sustainability strategy clearly aligned with all three ESG Dimensions Holistic Climate Action Plan for attaining climate targets Field of sustainability to be owned directly by the CEO Global Climate Action Day generates around 23,000 ideas “A”-grade assessments from the pr...
Schaeffler AG
07 March 2023 08:17AM
Schaeffler AG: Schaeffler publishes 2022 Sustainability Report
Schaeffler publishes 2022 Sustainability Report   Schaeffler Group sustainability strategy clearly aligned with all three ESG Dimensions Holistic Climate Action Plan for attaining climate targets Field of sustainability to be owned directly by the CEO Global Climate Action Day generates around 23,000 ideas “A”-grade assessments from the pr...
Schaeffler AG
07 March 2023 08:01AM
Schaeffler Group closes 2022 with solid earnings
 Schaeffler Group closes 2022 with solid earnings Schaeffler Group revenue up 9.4 percent at constant currency to 15.8 billion EBIT before special items of 1,046 million euros results in EBIT margin before special items of 6.6 percent Free cash flow of 280 million euros Proposed dividend of 45 cents per common non-voting share Cautious outlo...
Schaeffler AG
07 March 2023 08:01AM
Schaeffler AG: Schaeffler Group closes 2022 with solid earnings
 Schaeffler Group closes 2022 with solid earnings Schaeffler Group revenue up 9.4 percent at constant currency to 15.8 billion EBIT before special items of 1,046 million euros results in EBIT margin before special items of 6.6 percent Free cash flow of 280 million euros Proposed dividend of 45 cents per common non-voting share Cautious outlo...
Schaeffler AG
03 March 2023 08:57AM
Acquisition of ECO-Adapt SAS strengthens Schaeffler’s portfolio of Lifetime Solutions
Acquisition of ECO-Adapt SAS strengthens Schaeffler’s portfolio of Lifetime Solutions   Acquisition strengthens Schaeffler’s position as an innovative market leader in predictive maintenance solutions Higher level of transparency and reduced downtime by combining ECO-Adapt products with existing OPTIME offering 100 percent shares acquired th...
Schaeffler AG
03 March 2023 08:57AM
Schaeffler AG: Acquisition of ECO-Adapt SAS strengthens Schaeffler’s portfolio of Lifetime Solutions
Acquisition of ECO-Adapt SAS strengthens Schaeffler’s portfolio of Lifetime Solutions   Acquisition strengthens Schaeffler’s position as an innovative market leader in predictive maintenance solutions Higher level of transparency and reduced downtime by combining ECO-Adapt products with existing OPTIME offering 100 percent shares acquired th...
Schaeffler AG
12 January 2023 08:00AM
Climate targets validated by Science Based Targets initiative
Climate targets validated by Science Based Targets initiative Science Based Targets initiative (SBTi) validates Schaeffler Group’s targets for lowering Scope 1, 2 and 3 emissions Schaeffler’s climate targets for 2030: 90 percent cut in emissions from own production and 25 percent reduction in selected supply chain areas SBTi validation confirm...
Schaeffler AG
19 December 2022 08:30AM
Schaeffler acquires solar farm
Schaeffler acquires solar farm Schaeffler acquires solar farm in Kammerstein, Germany, from BayWa r.e. AG Photovoltaic power plant with a total area of more than 10 hectares and an installed capacity of almost 10 MW-peak New acquisition marks an important step in the production of 25 percent of the company’s global energy requirements from sel...
Schaeffler AG
19 December 2022 08:30AM
Schaeffler AG: Schaeffler acquires solar farm
Schaeffler acquires solar farm Schaeffler acquires solar farm in Kammerstein, Germany, from BayWa r.e. AG Photovoltaic power plant with a total area of more than 10 hectares and an installed capacity of almost 10 MW-peak New acquisition marks an important step in the production of 25 percent of the company’s global energy requirements from sel...
Schaeffler AG
16 December 2022 08:26AM
Schaeffler AG: Schaeffler partners with hydrogen producer Lhyfe
Schaeffler partners with hydrogen producer Lhyfe   Schaeffler cooperates with French hydrogen producer Lhyfe Agreement includes construction and operation of industrial electrolysis plant in Herzogenaurach, Germany Plant with capacity of up to 15 megawatts is an important step towards climate-neutral production by 2030 Agreement envisages t...
Schaeffler AG
More Schaeffler AG related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 11 29th December 2023 Schüler, Jens Willem DD
Short Seller (DE) 9 16th June 2023 Sandbar Asset Management SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
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