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Schaeffler AG (SHA_p.DE)

SHA_p.DE on Xetra

7.79EUR
18 Oct 2019
Change (% chg)

€-0.01 (-0.08%)
Prev Close
€7.80
Open
€7.73
Day's High
€7.83
Day's Low
€7.66
Volume
775,521
Avg. Vol
805,524
52-wk High
€10.30
52-wk Low
€5.73

Latest Key Developments (Source: Significant Developments)

Schaeffler Adjusts Down Its 2019 Full-Year Guidance
Monday, 29 Jul 2019 

July 29 (Reuters) - Schaeffler AG ::DGAP-ADHOC: SCHAEFFLER AG: SCHAEFFLER ADJUSTS 2019 FULL-YEAR GUIDANCE.(ISIN DE000SHA0159, WKN SHA015) TODAY DECIDED TO ADJUST ITS 2019 FULL-YEAR GUIDANCE FOR SCHAEFFLER GROUP AS A WHOLE AND FOR ITS DIVISIONS.NOW EXPECTS GLOBAL AUTOMOBILE PRODUCTION TO DECLINE BY 4 PERCENT FOR 2019.ON FEBRUARY 19, 2019 SCHAEFFLER GROUP HAD ANTICIPATED A DECLINE OF 1 PERCENT.REQUIRE AN ADJUSTMENT OF 2019 FULL-YEAR GUIDANCE.NOW ANTICIPATES REVENUE GROWTH (AT CONSTANT CURRENCY) OF MINUS 1 TO PLUS 1 PERCENT (PREVIOUSLY 1 TO 3 PERCENT) FOR 2019.SEES AN EBIT MARGIN (BEFORE SPECIAL ITEMS) OF 7 TO 8 PERCENT (PREVIOUSLY 8 TO 9 PERCENT).  Full Article

Schaeffler Agrees To Sell Barden Corporation Ltd
Tuesday, 7 May 2019 

May 7 (Reuters) - SCHAEFFLER AG ::HAS AGREED TO SELL BARDEN CORPORATION (UK) LTD, PLYMOUTH.BARDEN UK WILL REMAIN A SUPPLIER TO SCHAEFFLER GROUP AS WELL AS TO THIRD-PARTY CUSTOMERS.  Full Article

Schaeffler Acquires Xtronic GmbH
Tuesday, 7 May 2019 

May 7 (Reuters) - Schaeffler AG ::SCHAEFFLER ACQUIRES XTRONIC GMBH.XTRONIC WILL BE INTEGRATED INTO THE SCHAEFFLER GROUP AS A SEPARATE GERMAN PRIVATE LIMITED COMPANY (GMBH).PARTIES HAVE AGREED NOT TO DISCLOSE THE PURCHASE PRICE, TAKEOVER IS EXPECTED TO BE COMPLETED IN JUNE 2019.  Full Article

Schaeffler CEO Says Partnerships With Other Suppliers Are No Solution For Portfolio Issues
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Schaeffler AG ::SCHAEFFLER CEO SAYS PARTNERSHIPS WITH OTHER SUPPLIERS ARE NO SOLUTION FOR PORTFOLIO ISSUES.SCHAEFFLER CEO SAYS MANUAL GEARS BUSINESS IS AMONG THOSE OF WHICH WE ARE CONSIDERING DIVESTMENT.SCHAEFFLER CEO SAYS WE CONTINUE TO AIM FOR EBIT MARGIN OF 11 TO 13 PCT IN INDUSTRY UNIT.  Full Article

Schaeffler Appoints Uwe Wagner Board Of Managing Directors Member
Friday, 1 Mar 2019 

March 1 (Reuters) - Schaeffler AG ::SCHAEFFLER AG: SCHAEFFLER APPOINTS UWE WAGNER TO BECOME MEMBER OF BOARD OF MANAGING DIRECTORS.CONTRACT OF MATTHIAS ZINK EXTENDED.  Full Article

Schaeffler AG Says Revenue Grows 5.1 Pct In 2018 9M
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Schaeffler AG ::DGAP-NEWS: SCHAEFFLER AG: SALES GROW DESPITE DIFFICULT MARKET CONDITIONS, MARGIN DECREASE.SALES GROW DESPITE DIFFICULT MARKET CONDITIONS, MARGIN DECREASE.REVENUE GROWS 5.1 PERCENT AT CONSTANT CURRENCY IN FIRST NINE MONTHS.EBIT MARGIN BEFORE SPECIAL ITEMS FOR SAME PERIOD AT 10.7 PERCENT (PRIOR YEAR: 11.4 PERCENT).PERFORMANCE DECLINES IN BOTH AUTOMOTIVE DIVISIONS, INDUSTRIAL DIVISION BUSINESS REMAINS STRONG.FREE CASH FLOW BEFORE IN- AND OUTFLOWS FOR M&A ACTIVITIES OF 127 MILLION EUROS BELOW PRIOR YEAR (247 MILLION EUROS).DURING Q3, INDUSTRIAL DIVISION SIGNIFICANTLY INCREASED ITS REVENUE TO 854 MILLION EUROS (PRIOR YEAR: 790 MILLION EUROS).AT CONSTANT CURRENCY, REVENUE GROWTH FOR REPORTING PERIOD AMOUNTED TO 9.8 PERCENT AND WAS PRIMARILY DRIVEN BY INDUSTRIAL DISTRIBUTION.BASED ON ADJUSTED FULL-YEAR GUIDANCE ISSUED OCTOBER 30, 2018, SCHAEFFLER GROUP NOW ANTICIPATES REVENUE GROWTH OF 4 TO 5 PERCENT (PREVIOUSLY 5 TO 6 PERCENT) AT CONSTANT CURRENCY.EXPECTS AN EBIT MARGIN BEFORE SPECIAL ITEMS OF 9.5 TO 10.5 PERCENT (PREVIOUSLY 10.5 TO 11.5 PERCENT).  Full Article

Schaeffler To Reorganise Its UK Business Activities
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Schaeffler AG ::PROPOSES TO REORGANISE ITS UK BUSINESS ACTIVITIES AS PART OF ITS EXCELLENCE PROGRAMME "AGENDA 4 PLUS ONE".WILL RELOCATE SOME OF ITS UK PRODUCTION TO OTHER EXISTING SITES OUTSIDE COUNTRY.IT IS ANTICIPATED THAT REORGANISATION PLANS WILL TAKE UP TO TWO YEARS TO IMPLEMENT.  Full Article

Schaeffler Confirms Targets As Industrials Offset Auto Weakness
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - Schaeffler AG ::SCHAEFFLER GROUP EXPECTS TO FINISH FULL YEAR AT UPPER ENDS OF ABOVE-STATED MARGIN RANGES IN AUTOMOTIVE AFTERMARKET AND INDUSTRIAL DIVISIONS (ADDS OMITTED TEXT).DGAP-NEWS: SCHAEFFLER AG: SCHAEFFLER CONFIRMS GROUP GUIDANCE.SCHAEFFLER CONFIRMS GROUP GUIDANCE.NOW FORECASTING AUTOMOTIVE OEM DIVISION'S REVENUE TO GROW BY 4.5 TO 5.5 PERCENT AT CONSTANT CURRENCY.NOW FORECASTING ITS INDUSTRIAL DIVISION'S REVENUE TO GROW BY 8 TO 9 PERCENT AT CONSTANT CURRENCY.INDUSTRIAL DIVISION'S EBIT MARGIN BEFORE SPECIAL ITEMS IS EXPECTED TO BE IN 10 TO 11 PERCENT RANGE.EBIT MARGIN BEFORE SPECIAL ITEMS FOR AUTOMOTIVE OEM DIVISION IS EXPECTED TO BE IN 8.5 TO 9.5 PERCENT RANGE.  Full Article

Schaeffler Proposes Div of 0.55 euro on 2017 net income of 980 Mln Eur
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Schaeffler Ag ::SAYS TO RAISE THE DIVIDEND BY 5 CENTS TO 55 CENTS PER COMMON NON VOTING SHARE, A PAYOUT RATIO OF APPROXIMATELY 35 PERCENT‍​.SAYS 2017 NET INCOME INCREASES BY APPROXIMATELY 14 PERCENT TO 980 MILLION EUROS‍​.  Full Article

Schaeffler Says Jochen Schröder To Lead New E-Mobility Business Division‍​
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - SCHAEFFLER AG ::JOCHEN SCHRÖDER TO LEAD THE SCHAEFFLER GROUP’S NEW E-MOBILITY BUSINESS DIVISION‍​.  Full Article