Sales for the first nine months 2011 reach #8364;8.1 billion, up 15 percent from prior year
EBIT grows by 19 percent to #8364;1.3 billion
Net income of #8364;743 million
Free cash flow improves to #8364;229 million
Slight increase in sales expected for 4th quarter 2011 compared to prior year
Schaeffler AG, one of the leading global automotive and industrial suppliers, has remained on its course of success during the third quarter of 2011. Based on the very encouraging development of its business during the first nine months, the company is confident it will meet its targets for the year. Schaeffler AG expects to increase sales by more than 10 percent and its EBIT margin by more than 13 percent in 2011.
Sales increase across all regions and business divisions
Product Model | Inside Diameter | Outside Diameter | Thickness |
N312 NACHI | 60 | 130 | 31 |
N212 NACHI | 60 | 110 | 22 |