Skip navigation
Newswire

BRIEF-Schaeffler AG reduces earnings guidance for 2017

June 26 (Reuters) - Schaeffler Ag

* Schaeffler AG reduces its earnings guidance for 2017

* Reduced guidance for EBIT margin before special items from hitherto 12-13 percent to 11-12 percent for business year 2017

* Guidance for free cash flow has been reduced from approximately 600 million euros to approximately 500 million euros for 2017

* Schaeffler AG says Schaeffler Group confirms its revenue guidance for full year Source text for Eikon: Further company coverage: