Schaeffler AG (ETR:SHA_p), a leading supplier in the automotive and industrial sectors, reported a small decrease in its first-quarter financial results.
The company’s Q1 revenue totaled EUR 5.92 billion, a drop from EUR 6.14 billion during the same period last year.
Schaeffler’s earnings before interest and tax (EBIT) before special items also fell to EUR 276 million, down from EUR 287 million in the first quarter of 2024.
The company’s EBIT margin before special items for the quarter stood at 4.7%.
Despite the slight decline in revenue and EBIT, Schaeffler maintained its financial outlook for 2025, reaffirming confidence in its long-term performance.
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