Regensburg, September 27, 2024. Vitesco Technologies Group AG expects that upon registration of the merger in the commercial register, the merger of Vitesco Technologies Group AG into Schaeffler AG by absorption in exchange for the granting of shares in Schaeffler AG to the existing shareholders of Vitesco Technologies Group AG will become effectiv [ … ]

Q2 2024 financial figures: Vitesco Technologies improves profitability in a challenging environment Quarterly sales amounted to €2.02 billion (Q2 2023: €2.44 billion); €4.02 billion in the first half of 2024 (H1 2023: €4.76 billion) Sales in Electrification came in at €347.8 million in the second quarter (Q2 2023: €354.3 million) Adjusted EBIT i [ … ]

Vitesco Technologies starts with solid quarterly results into fiscal year 2024 Quarterly sales of around €1.99 billion (Q1 2023: €2.31 billion) Adjusted EBIT: €33.0 million (Q1 2023: €30.8 million) with an adjusted EBIT margin of 1.7 percent (Q1 2023: 1.4 percent) Order intake of €708 million, of which around 40 percent in the electrification bu [ … ]

Fiscal year 2023: Profitability and cash flow exceeded expectations Sales increase to €9.23 billion in fiscal year 2023 (2022: €9.07 billion) Adjusted EBIT margin came in higher than the company’s own guidance at 3.7 percent (2022: 2.5 percent) Free cash flow above the company’s expectations at €84.9 million (2022: €123.2 million)  Growth in [ … ]

Preliminary results: Vitesco Technologies looks back on a successful 2023 Sales increase to €9.23 billion in 2023 (2022: €9.07 billion), company forecast: €9.2 to €9.7 billion Adjusted EBIT margin of 3.7 percent (2022: 2.5 percent), came in higher than the company's own guidance range of 2.9 percent to 3.4 percent Free cash flow of €84.9 millio [ … ]