Earnings per common non-voting share were 0.84 euros (prior year: 1.14 euros). Net income attributable to shareholders of the parent company amounted to 557 million euros for the reporting period, following 756 million euros in the prior year. The EBIT margin before special items declined predominantly due to higher material and energy prices, disrupted global supply chains, and market- and environment-based inefficiencies. This represents an EBIT margin before special items of 6.6 percent (prior year: 8.8 percent), which was at the upper end of the guidance despite the challenging environment. EBIT before special items amounted to 1,046 million euros (prior year: 1,222 million euros). In 2022 the Schaeffler Group generated earnings before financial result and income taxes (EBIT) of 974 million euros (prior year: 1,220 million euros), a figure that was affected by 72 million euros in special items.

Favorable price realization in all three divisions further bolstered the revenue trend as considerable increases in procurement costs were increasingly passed on to the market. The year was characterized by considerable revenue growth, which was largely attributable to an increase in volumes in the Automotive Technologies and Industrial divisions. At constant currency, revenue was up 9.4 percent, exceeding the guidance. The Schaeffler Group’s revenue for the reporting period amounted to 15.8 billion euros (prior year: 13.9 billion euros). Global automotive and industrial supplier Schaeffler presented its results for 2022 today. Proposed dividend of 45 cents per common non-voting share.EBIT before special items of 1,046 million euros results in EBIT margin before special items of 6.6 percent.Schaeffler Group revenue up 9.4 percent at constant currency to 15.8 billion.

Shut in 2022