Report

Schaeffler AG : Trough hit by Q4 2018 group EBIT likely behind us

>Q1 2019e results to reflect a turning point - Schaeffler will report its Q1 2019 results on 8 May. We expect Q1 2019e group sales to come in at € 3,566m (+0.4% y-o-y, organic -0.8% y-o-y) in an environment characterised by forex tailwinds, predominantly from the euro-US dollar, and weak global LV production (IHS: -6% y-o-y) with China clearly in the negative double digits (-12% y-o-y) in Q1 2019e, albeit a touch less negative compared to Q4 2018 (-15% y-o-y). We est...
Underlying
Schaeffler AG

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Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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