Schaeffler AG: Preliminary key figures for the first quarter 2021 better than expected
DGAP-Ad-hoc: Schaeffler AG / Key word(s): Preliminary Results Disclosure of inside information pursuant to Article 17 para 1 of the Regulation (EU) 596/2014 on market abuse (Market Abuse Regulation - MAR) Schaeffler AG: Preliminary key figures for the first quarter 2021 better than expected
The three divisions contributed on the basis of preliminary figures as follows:
1) at constant currency; 2) before special items; 3) adjusted comparative figures for the prior year The positive development of the Automotive Technologies division's business that began in the fourth quarter 2020 continued in all four regions in the first quarter 2021. The macro-economic environment is challenging and continues to be characterized by significant uncertainties, including for example the supply markets. The Board of Managing Directors of Schaeffler AG will closely monitor further market developments and will decide in due time if and to what extent an adjustment of the guidance published on March 4, 2021 is appropriate. The final results for the first quarter 2021 will be published as planned by Schaeffler AG on May 12, 2021. "Revenue growth (at constant currency)", "EBIT margin (before special items)" und "free cash flow before cash in- and outflows for M&A activities" have the meaning ascribed to them in the annual report 2020 on pages 17 and 35ff, which may be retrieved under www.schaeffler.com. The adjusted comparative figures for the relevant quarter of the prior year may be retrieved under www.schaeffler.com. Contact
19-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Schaeffler AG |
Industriestr. 1-3 | |
91074 Herzogenaurach | |
Germany | |
Phone: | 09132 - 82 0 |
E-mail: | ir@schaeffler.com |
Internet: | www.schaeffler.com |
ISIN: | DE000SHA0159 |
WKN: | SHA015 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1186171 |
End of Announcement | DGAP News Service |
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1186171 19-Apr-2021 CET/CEST