.
Third-quarter revenue slightly below prior year quarter (down 2.6 percent)
Third-quarter EBIT margin before special items of 9.4 percent significantly improved from first six months (1.2 percent) and ahead of prior year quarter (9.1 percent)
Recovery in 3rd quarter primarily driven by the two Automotive divisions; Industrial division revenue trend improved slightly compared to first half of 2020
Free cash flow before cash in- and outflows for M&A activities of 333 million euros slightly below prior year quarter (362 million euros)
New full-year guidance for 2020 issued, uncertainty remains high in 4thquarter
Global automotive and industrial supplier Schaeffler presented its interim report for
Third-quarter revenue slightly below prior year quarter (down 2.6 percent)
Third-quarter EBIT margin before special items of 9.4 percent significantly improved from first six months (1.2 percent) and ahead of prior year quarter (9.1 percent)
Recovery in 3rd quarter primarily driven by the two Automotive divisions; Industrial division revenue trend improved slightly compared to first half of 2020
Free cash flow before cash in- and outflows for M&A activities of 333 million euros slightly below prior year quarter (362 million euros)
New full-year guidance for 2020 issued, uncertainty remains high in 4thquarter
Global automotive and industrial supplier Schaeffler presented its interim report for
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