Schaeffler Announces new Targets Until 2028 and Sees a key Opportunity for Growth in Humanoids!

The automotive supplier Schaeffler commented on its outlook until 2028 during its capital markets day on Tuesday. These comments have been well received. By 2028, revenue is expected to climb from €24.3 billion to €27-29 billion. The EBIT margin is aimed to increase from 3.5% to 6-8%. This is significant and also a catalyst for the stock price, as Schaeffler is considered a low P/S stock with a P/S ratio of 0.21. Rising profitability can then provide substantial tailwind for the stock price. The management is generating excitement with statements...