July 20, 2017 / 12:27 PM / a month ago

BRIEF-Schaeffler confirms 2020 financial targets

July 20 (Reuters) - SCHAEFFLER AG

* FINANCIAL AMBITIONS 2020 CONFIRMED; AVERAGE SALES GROWTH OF 4-6 PERCENT P.A. AND EBIT MARGIN OF 12-13 PERCENT BEFORE SPECIAL ITEMS IN 2020 TARGETED

* CHINA REMAINS KEY GROWTH DRIVER; DOUBLING OF SALES PLANNED OVER THE NEXT FIVE YEARS‍​ Further company coverage: (Gdynia Newsroom)

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