Schaeffler - Recovery in Automotive Demand and Transition to Electromobility Should Boost Results!
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Business drivers: Schaeffler has established itself as a global leader in automotive and industrial suppliers, with a product portfolio that includes components, systems, and services for drivetrains and chassis, as well as rolling and sliding bearing solutions for a variety of industrial applications. Schaeffler is currently grappling with rising costs and weak automotive demand. Thanks to the acquisition of Vitesco, Schaeffler is expected to benefit from the transition to electromobility in the medium term. On May 22, Warburg Research...
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