Report
Klaus Ringel ...
  • Michael Foundoukidis

Schaeffler AG : Full Q2 2024 release in line with the pre-released KPIs and confirmation of adjusted FY 2024 guidance

>Q2 2024 results in line with pre-released KPIs - Schaeffler’s full Q2 2024 release was in line with the KPI’s that were pre-released alongside the profit warning for FY 2024 on 22 July: Schaeffler’s Q2 2024 group sales were +3% y-o-y at € 4.19bn (organic growth +4.2%) and group adj. EBIT was down -29% y-o-y to € 204m with an adj. EBIT margin of 4.9% over the period under review (H1 2024: 6.3%; Q2 2023: 7.1%). Looking at the difference in divisional performance vs our...
Underlying
Schaeffler AG

Provider
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.

Analysts
Klaus Ringel

Michael Foundoukidis

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