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In this news category you will find information from and about companies, organizations, institutions, products of all kinds and in a broad spectrum. To get a quick overview of current trends and developments, it's worth visiting daily.
DE000SHA0159
Tue, 07.05.2024
Schaeffler AG
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 [ … ]
Thu, 25.04.2024
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 [ … ]
Mon, 22.04.2024
Schaeffler AG
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 [ … ]
Fri, 22.03.2024
Schaeffler AG
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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 [ … ]
Wed, 13.03.2024
Schaeffler AG
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 [ … ]
Tue, 05.03.2024
Schaeffler AG
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 [ … ]
Tue, 05.03.2024
Schaeffler AG
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 [ … ]
Mon, 26.02.2024
Schaeffler AG
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 [ … ]
Fri, 23.02.2024
Schaeffler AG
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 [ … ]
Thu, 08.02.2024
Schaeffler AG
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 [ … ]