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Schaeffler AG (SHA_p.DE)

SHA_p.DE on Xetra

11.06EUR
4:35pm BST
Change (% chg)

€0.32 (+2.98%)
Prev Close
€10.74
Open
€10.95
Day's High
€11.43
Day's Low
€10.95
Volume
1,522,760
Avg. Vol
926,238
52-wk High
€16.78
52-wk Low
€10.15

Latest Key Developments (Source: Significant Developments)

Schaeffler raises sales guidance for industrial division
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Schaeffler AG ::SAYS REVENUE GROWS 5.8 PERCENT AT CONSTANT CURRENCY IN FIRST SIX MONTHS.SAYS MID-YEAR EBIT MARGIN BEFORE SPECIAL ITEMS OF 11.1 PERCENT FLAT WITH PRIOR YEAR.SAYS SIGNIFICANTLY HIGHER ORDER INTAKE FOR AUTOMOTIVE OEM DIVISION, BOOK-TO-BILL RATIO 1.8X.SAYS REVENUE AND EARNINGS DRIVEN BY ENCOURAGING PERFORMANCE OF AUTOMOTIVE AFTERMARKET AND INDUSTRIAL DIVISIONS.SAYS FREE CASH FLOW BEFORE M&A ACTIVITIES OF MINUS 74 MILLION EUROS SLIGHTLY IMPROVED FROM PRIOR YEAR.SAYS OUTLOOK FOR YEAR CONFIRMED FOR SCHAEFFLER GROUP AND TWO AUTOMOTIVE DIVISIONS, REVENUE GUIDANCE RAISED FOR INDUSTRIAL DIVISION.SAYS REVENUE AMOUNTS TO APPROXIMATELY 7.2 BILLION EUROS (PRIOR YEAR: APPROXIMATELY 7 BILLION EUROS) AT MID-YEAR.SAYS GENERATED EARNINGS BEFORE FINANCIAL RESULT AND INCOME TAXES (EBIT) OF 773 MILLION EUROS DURING FIRST SIX MONTHS.SAYS RAISING ITS GUIDANCE FOR INDUSTRIAL DIVISION'S CONSTANT CURRENCY REVENUE GROWTH FOR FULL YEAR 2018 FROM PREVIOUSLY 3 TO 4 PERCENT TO 6 TO 7 PERCENT.  Full Article

Schaeffler, Union IG Metall Strike Labour Agreement
Monday, 16 Apr 2018 

April 16 (Reuters) - Schaeffler AG ::STRIKES AGREEMENT ON FUTURE WITH GERMAN LABOUR UNION IG METALL.COMPULSORY REDUNDANCIES RULED OUT UNDER AGREEMENT WITH IG METALL.TO INVEST 50 MILLION EUROS FOR INNOVATION OVER FIVE YEARS AS PART OF AGREEMENT WITH IG METALL.  Full Article

Schaeffler Says IHO's Lock-Up To Be Extended To 2 Years
Monday, 26 Mar 2018 

March 26 (Reuters) - Schaeffler Ag ::SCHAEFFLER SAYS PREFERRED DIVIDEND PER COMMON NON-VOTING SHARE TO BE INCREASED FROM EUR 0.01 TO EUR 0.05 AS OF 2019 FINANCIAL YEAR.SCHAEFFLER SAYS IHO'S LOCK-UP TO BE EXTENDED TO 2 YEARS.SCHAEFFLER CHAIRMAN GEORG F. W. SCHAEFFLER SAYS IHO WILL CONTINUE TO BE A STABLE MAJORITY SHAREHOLDER AFTER THE CONVERSION.  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

Schaeffler Q4 Sales 3.5 Bln Eur, Up 8.5 Pct At Constant Currency
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Schaeffler ::SCHAEFFLER SAYS 2017 REVENUE INCREASES BY 5.9 PERCENT TO 14.0BILLION EUROS - PRELIMINARY RESULTS.SCHAEFFLER SAYS STRONG 4TH QUARTER WITH GROWTH OF 8.5 PERCENT AT CONSTANT CURRENCY.SCHAEFFLER SAYS TO PUBLISH FULL AUDITED RESULTS ON MARCH 07, 2018.SCHAEFFLER SAYS FOURTH QUARTER REVENUE ROSE TO APPROXIMATELY 3.5 BILLION EUROS (PRIOR YEAR QUARTER: APPROXIMATELY 3.4 BILLION EUROS), UP 8.5 PERCENT AT CONSTANT CURRENCY.  Full Article

Schaeffler confirms 2017 aims after Q3 results
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Schaeffler Ag :dgap-news: schaeffler ag: solid 3 rd quarter 2017 for schaeffler.‍EBIT margin back up at 12.1 % in 3rd quarter (2nd quarter 9.9 %)​.Says ‍7.4 percent 3rd quarter revenue growth to prior year at constant currency​.Says ‍guidance for full year 2017 confirmed​.9M ‍net income up 18 percent at 791 million​ eur.  Full Article

Schaeffler buys autinity systems GmbH‍​
Monday, 9 Oct 2017 

Oct 9 (Reuters) - SCHAEFFLER AG :BUYS AUTINITY SYSTEMS GMBH‍​.  Full Article

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Trade talk hopes drive European shares up as miners and autos shine

MILAN/LONDON A rally in European shares extended for a second day on Wednesday thanks to gains in trade-sensitive mining and autos stocks as investors saw a China-U.S. trade war approaching its endgame.