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: presse@schaeffler.com Renata Casaro, Head of Investor Relations,
Schaeffler AG, Herzogenaurach, Germany
Phone +49 9132 82-4440,
e-mail: ir@schaeffler.com Dr. Axel Lüdeke, Vice President Business and Financial Communications & PR, Schaeffler AG, Herzogenaurach, Germany
Phone +49 9132 82-5000, e-mail: presse@schaeffler.com Daniel Györy, Investor Relations,
Schaeffler AG, Herzogenaurach, Germany
Phone +49 9132 82-4440,
e-mail: ir@schaeffler.com
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