Schaeffler Q3 Adj. EBIT Climbs, Revenues Down On Pro Forma Basis; Backs FY25 Outlook
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Schaeffler AG reported a rise in third-quarter adjusted EBIT to 264 million euros, up from 206 million euros last year, despite a revenue decline to 5.83 billion euros. The adjusted EBIT margin improved to 4.5%. For fiscal 2025, the company expects revenues between 23 billion and 25 billion euros and an adjusted EBIT margin of 3 to 5%. The Bearings & Industrial Solutions division anticipates an EBIT margin of 6 to 8% and revenue of 6 to 6.75 billion euros.
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