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Schaeffler AG (0RBK.IL)

IOB - IOB Delayed price. Currency in EUR
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5.28-0.08 (-1.45%)
At close: 06:13PM BST
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Previous close5.36
Open5.39
Bid5.16 x 0
Ask5.41 x 0
Day's range5.30 - 5.39
52-week range4.65 - 6.83
Volume156,893
Avg. volume74,790
Market cap3.614B
Beta (5Y monthly)1.37
PE ratio (TTM)6.15
EPS (TTM)0.86
Earnings date06 Aug 2024
Forward dividend & yield0.45 (8.47%)
Ex-dividend date21 Apr 2023
1y target estN/A
  • Reuters

    Germany's Schaeffler misses expectations for 2023 core profit

    (Reuters) -German automotive and industrial supplier Schaeffler AG reported 2023 full-year adjusted core profit (EBIT) of 1.19 billion euros ($1.29 billion) on Tuesday, weighed down by weak demand in China for the group's Industrial division. The profit missed a consensus of 1.24 billion euros for the year compiled by Vara Research and supplied by the company, but was up 13.5% from 2022. A supplier to machine and vehicle makers, Schaeffler's fortunes are closely tied to broader industrial activity.

  • Reuters

    UPDATE 1-Siemens and Microsoft to work together on AI project

    Siemens and Microsoft on Tuesday announced a joint project to use artificial intelligence to increase productivity and human-machine collaboration. The Siemens Industrial Copilot scheme will see the two companies work together to use generative AI for the manufacturing, transportation and healthcare industries. German automotive supplier Schaeffler AG is among the companies to have adopted the Siemens Industrial Copilot, Siemens said.

  • Reuters

    Vitesco shares hit all-time high on $3.8 billion Schaeffler deal

    BERLIN (Reuters) -Vitesco shares reached a record high on Monday on news that family-controlled Schaeffler AG will launch a tender offer valuing the German powertrain supplier at 3.64 billion euros ($3.83 billion). to create a more competitive supplier in the electric vehicle segment, as well as simplifying the Schaeffler family's empire, which includes stakes in Vitesco and Continental AG. "With the business combination, a leading motion technology company with four focused divisions and revenues of approximately 25 billion euros will be created," Schaeffler said.