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Machine Condition Monitoring Market Report, Overview, Growth, Demand and Forecast 2021-2026
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Schaeffler opens new plant in Hungary - electrive com
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Schaeffler Opens New E-mobility Plant In Hungary
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Minister Szijjártó: Trade Turnover Between Hungary and Germany Expected to Hit a Record
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Schaeffler Posts HY Profit; Lifts FY Outlook
BERLIN (dpa-AFX) - Schaeffler (SCFLF.OB) reported that its net income attributable to shareholders of the parent company for the first six months was 463 million euros compared to a net loss of 361 million euros in the prior year.
Net income before special items was 437 million euros compared to net loss of 84 million euros in the previous year.
The Schaeffler Group earned 722 million euros in EBIT before special items in the first six months of 2021 compared to 54 million euros in the previous year.
Revenue for the first six months was 7.01 billion euros up from 5.57 billion euros in the previous year. The considerable constant-currency increase in revenue for the first half of 2021 of 27.4 percent compared to the prior year period was due to the strong rise in demand across all divisions and regions.