Schaeffler Aims to Become a Leading Motion Technology Company by 2028

Schaeffler AG hosted its first Capital Markets Day since acquiring Vitesco Technologies, revealing an ambitious vision to become the top Motion Technology Company. Klaus Rosenfeld, CEO, outlined strategies including broadening product offerings, especially in power electronics and sensors, to position Schaeffler as a leading player globally. The company emphasized its strengths in E-Mobility and Powertrain & Chassis as foundations for growth.

Targets for 2028 include doubling EBIT before special items and enhancing free cash flow. Schaeffler anticipates robust growth across its divisions, with significant revenue expected in E-Mobility, Powertrain & Chassis, and Vehicle Lifetime Solutions. Strategic execution, driven by performance improvement and portfolio optimization, is key to achieving these goals.

Looking further ahead to 2035, Schaeffler plans to derive 10% of its revenue from innovative sectors, such as eAviation and humanoids, reinforcing its commitment to future growth areas through investment in sustainability and digitalization.