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Schaeffler AG (SCFLF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed price. Currency in USD
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6.85+0.43 (+6.70%)
As of 11:50AM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close6.42
Bid0.00 x 0
Ask0.00 x 0
Day's range6.85 - 6.85
52-week range5.06 - 7.39
Avg. volume171
Market cap4.29B
Beta (5Y monthly)1.38
PE ratio (TTM)10.22
EPS (TTM)0.67
Earnings date06 Aug 2024
Forward dividend & yield0.48 (7.04%)
Ex-dividend date26 Apr 2024
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.