DGAP-Adhoc

Schaeffler AG: Schaeffler AG publishes preliminary figures for the fiscal year 2020 - Seite 2

2020 FY 2020 Q4
2020 FY 2020 Q4
2020 FY 2020 Revenue growth¹⁾ 8.1% -11.6% 1.3% -7.0% -2.7% -9.2% EBIT-margin²⁾ 11.7% 3.6% 16.0% 15.8% 8.6% 8.4%

¹⁾ at constant currency; ²⁾ before special items

In an environment characterized by great uncertainty as a result of the coronavirus pandemic, the business of the Automotive Technologies division has done better in the course of the fourth quarter than expected when the guidance was published. This development was driven by all four regions.

The EBIT for the fiscal year 2020 including special items on a preliminary and unaudited basis amounts to EUR -143 million, including restructuring expenses and the impairment of goodwill in the first quarter 2020.

The final fiscal year 2020 results as well as the 2021 fiscal year guidance will be published as planned by Schaeffler AG on March 4, 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 2019 on pages 15 and 30, which may be retrieved under www.schaeffler.com.

 

Contact

Renata Casaro Head of Investor Relations, Schaeffler AG, Herzogenaurach Tel.: [phone] Email: [e-mail]

Dr. Axel Lüdeke