Schaeffler falls after revenue dips on China weakness

By Reuters News

** German automotive and industrial supplier Schaeffler SHA0n.DE falls 3.2% after reporting lower nine-month revenue and €240 ($269 million) in E‑Mobility special charges

** Preliminary nine-month revenue slipped to €17.5 billion from €17.7 billion as declining project volumes, mainly in China, weighed on performance

** The company confirmed its 2026 guidance and 2028 targets

** Including today's losses, shares are down 31% this year


($1 = 0.8937 euros)



($1 = 0.8936 euros)

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