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DGAP-Adhoc: Schaeffler AG: Schaeffler suspends guidance for current financial year

eqs_en 
0 0 24.03.20
DGAP-Adhoc: Schaeffler AG: Schaeffler suspends guidance for current financial year
 

DGAP-Ad-hoc: Schaeffler AG / Key word(s): Change in Forecast
Schaeffler AG: Schaeffler suspends guidance for current financial year

24-March-2020 / 13:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Schaeffler suspends guidance for current financial year


HERZOGENAURACH, 24 March 2020. Today the Management Board of Schaeffler AG, Herzogenaurach (ISIN DE000SHA0159, WKN SHA015), has suspended the guidance for the financial year 2020 for the Schaeffler Group and its divisions published on 10 March 2020 due to the worldwide spread of the Corona crisis and the resulting measures and restrictions. From today's view, neither the further course nor the economic implications can be reliably assessed. The Management Board will issue a new guidance once this is possible.

 

Contact:

Thorsten Möllmann, Senior Vice President Global Communications
& Branding, Schaeffler AG, Herzogenaurach, Germany
Phone +49 9132 82-5000, e-mail: [email protected] 		Renata Casaro, Head of Investor Relations,
Schaeffler AG, Herzogenaurach, Germany
Phone +49 9132 82-4440,
e-mail: [email protected]
Dr. Axel Lüdeke, Vice President Business and Financial Communications & PR, Schaeffler AG, Herzogenaurach, Germany
Phone +49 9132 82-5000, e-mail: [email protected] 		Daniel Györy, Investor Relations,
Schaeffler AG, Herzogenaurach, Germany
Phone +49 9132 82-4440,
e-mail: [email protected]

 

24-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Schaeffler AG
Industriestr. 1-3
91074 Herzogenaurach
Germany
Phone: 09132 - 82 0
E-mail: [email protected]
Internet: www.schaeffler.com
ISIN: DE000SHA0159
WKN: SHA015
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1005199

 
End of Announcement DGAP News Service

1005199  24-March-2020 CET/CEST

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Schaeffler AG Stock

€5.08
-0.290%
The price for the Schaeffler AG stock decreased slightly today. Compared to yesterday there is a change of -€0.015 (-0.290%).
Currently there is a rather positive sentiment for Schaeffler AG with 5 Buy predictions and 0 Sell predictions.
With a target price of 6 € there is a slightly positive potential of 18.11% for Schaeffler AG compared to the current price of 5.08 €.
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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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