LOGO
LOGO

Schaeffler AG Announces Decline In Q1 Profit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Schaeffler AG (SHA0.DE) reported a profit for first quarter that Dropped, from last year

The company's earnings came in at EUR60 million, or EUR0.06 per share. This compares with EUR83 million, or EUR0.09 per share, last year.

The company's revenue for the period fell 2.7% to EUR5.764 billion from EUR5.924 billion last year.

Schaeffler AG earnings at a glance (GAAP) :

-Earnings: EUR60 Mln. vs. EUR83 Mln. last year.
-EPS: EUR0.06 vs. EUR0.09 last year.
-Revenue: EUR5.764 Bln vs. EUR5.924 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.

RELATED NEWS