Corporate | 4 November 2025 08:00
Schaeffler delivers robust third quarter
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Schaeffler AG
/ Key word(s): 9 Month figures/Quarterly / Interim Statement
Schaeffler delivers robust third quarter
Herzogenaurach | November 4, 2025 | Schaeffler AG published its results for the first nine months of 2025 today. Revenue for the reporting period amounted to 17,672 million euros, a constant-currency decrease of 1.3 percent compared on a pro-forma basis [1] (pro-forma prior year: 18,368 million euros). The group’s revenue for the third quarter rose by 1.3 percent, compared on a pro-forma basis and at constant currency, to 5,826 million euros (pro-forma prior year: 5,947 million euros). The Schaeffler Group increased its revenue in the Americas and Asia/Pacific regions for the first nine months of the year by 2.2 percent and 5.3 percent compared on a pro-forma basis and at constant currency. Europe and Greater China revenue for the same period declined by 4.0 percent and 3.6 percent compared on a pro-forma basis and at constant currency. The Schaeffler Group generated 746 million euros in EBIT before special items in the reporting period (pro-forma prior year: 737 million euros). The EBIT margin before special items of 4.2 percent was slightly above prior year, compared on a pro-forma basis (pro-forma prior year: 4.0 percent).
Klaus Rosenfeld, CEO of Schaeffler AG, said: “The results for the first nine months demonstrate once again the stability and resilience of our company. We were able to successfully respond to shifts in demand. This can be seen in the further improvement in the E-Mobility EBIT margin and the continued strong contribution to the group’s earnings made by the Vehicle Lifetime Solutions division. The Powertrain & Chassis business performed in line with expectations, while Bearings & Industrial Solutions increased its EBIT margin thanks to noticeably improved operating performance. Meanwhile, one year after the acquisition, we are well on track with integrating Vitesco and will leverage this new strength even better in the future for the benefit of our customers.”
The division’s nine-month order intake amounted to 5.8 billion euros, including 1.2 billion euros for the third quarter. EBIT before special items generated during the reporting period was -650 million euros (pro-forma prior year: -798 million euros). This represents an improved EBIT margin before special items of -17.5 percent (pro-forma prior year: -22.6 percent). The improvement in the EBIT margin before special items, compared on a pro-forma basis, was primarily the result of increased volumes.
Powertrain & Chassis – EBIT margin before special items 11.1
percent
The Powertrain & Chassis division generated 751 million euros in EBIT before special items during the reporting period (pro-forma prior year: 873 million euros). The resulting EBIT margin before special items for the first nine months of 2025 amounted to 11.1 percent (pro-forma prior year: 11.8 percent), primarily due to the adverse impact of volumes and foreign exchange rates.
Vehicle Lifetime Solutions – EBIT margin before special items 15.1
percent
Nine-month EBIT before special items of 348 million euros was flat with prior year (pro-forma prior year: 347 million euros), representing an EBIT margin before special items of 15.1 percent (pro-forma prior year: 15.4 percent). This trend was primarily due to the favorable impact of volumes and prices, offset by the impact of the revenue mix and foreign exchange rates.
Bearings & Industrial Solutions – EBIT margin above prior year
The division generated EBIT before special items of 382 million euros during the reporting period (pro-forma prior year: 367 million euros). The improvement in the EBIT margin before special items to 7.9 percent (pro-forma prior year: 7.4 percent) was primarily driven by improved operating performance, especially at the production plants.
Christophe Hannequin, CFO of Schaeffler AG, said: “We succeeded in improving our profitability and reducing our capital expenditures in the first nine months of 2025. At the same time, we have maintained our operational strength by continuing to invest in targeted areas. This approach is reflected in a considerably improved free cash flow for the reporting period on a pro-forma basis, particularly in the third quarter. This performance will help us to deliver on our stated objective to improve our leverage ratio.”
The net loss attributable to shareholders of the parent company for the nine-month period amounted to 244 million euros. Earnings per common share were
The Schaeffler Group’s net financial debt amounted to 5,108 million euros as at September 30, 2025, and the net financial debt to EBITDA ratio before special items on a pro-forma basis as at the same date was 2.3. The ratio of net financial debt to shareholders’ equity (gearing ratio) amounted to 163.6 percent. The company had a workforce of 112,035 employees worldwide as at September 30, 2025 (December 31, 2024: 115,055 employees).
Outlook – Guidance for free cash flow before M&A activities raised
For the Bearings & Industrial Solutions division, the company now expects an EBIT margin before special items of 6 to 8 percent and continues to anticipate revenue of 6 to 6.75 billion euros.
Klaus Rosenfeld, CEO of Schaeffler AG, said: “Our raising the guidance for free cash flow before M&A activities reflects the favorable results of operations of the Schaeffler Group for the first nine months of 2025. At Bearings & Industrial Solutions, our package of profitability improvement measures is making an impact. We expect the profitability of the Bearings & Industrial Solutions division to continue to improve.” You can find press photos of the Executive Board members here: www.schaeffler.com/en/group/executive-board Forward-looking statements and projections Certain statements in this press release are forward-looking statements. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial consequences of the plans and events described herein. No one undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place any undue reliance on forward-looking statements which speak only as of the date of this press release. Statements contained in this press release regarding past trends or events should not be taken as representation that such trends or events will continue in the future. The cautionary statements set out above should be considered in connection with any subsequent written or oral forward-looking statements that Schaeffler, or persons acting on its behalf, may issue. Schaeffler Group – We pioneer motion
The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. With innovative technologies, products, and services for electric mobility, CO₂-efficient drives, chassis solutions, and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable – over the entire life cycle. Schaeffler describes its comprehensive range of products and services by means of eight product families: from bearing solutions and all types of linear guidance systems through to repair and monitoring services. With around 110,000 employees and more than 250 locations in 55 countries, Schaeffler is one of the world’s largest family-owned companies and ranks among Germany’s most innovative companies.
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[1] The pro-forma comparative amounts are based on the assumption that Vitesco was acquired as at January 1, 2024, and is therefore included in full in the prior year amounts. See pg. 4 of the interim statement 9M 2025 for further information. The above pro-forma amounts 2024 and the related information were not subject to the 2024 financial statement audit. [2] Includes one-off Vitesco payments related to the Contract Manufacturing business, primarily driven by payment terms adjustments.
04.11.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group.
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| Language: | English |
| Company: | Schaeffler AG |
| Industriestr. 1-3 | |
| 91074 Herzogenaurach | |
| Germany | |
| Phone: | 09132 – 82 0 |
| E-mail: | ir@schaeffler.com |
| Internet: | www.schaeffler.com |
| ISIN: | DE000SHA0100 |
| WKN: | SHA010 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2223142 |
| End of News | EQS News Service |
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2223142 04.11.2025 CET/CEST