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Schaeffler is a leading manufacturer of rolling bearings and linear products worldwide as well as one of the most important suppliers of components and systems for engines, transmission and chassis applications to the automotive industry.
Schaeffler’s largest customer, the automotive industry, generates around 69% of sales. As a reliable partner for nearly all automotive manufacturers and important suppliers, Schaeffler offers expertise on the entire drive train:on engines, chassis, transmissions and accessory units in passenger cars and commercial vehicles.
Schaeffler’s operating business is organized in two segments: Automotive and Industrial. Our regional divisions contribute to the local development of Schaeffler’s business and help to exploit market potential. These divisions are also responsible for optimizing the regional infrastructure. For reporting purposes, the divisions are grouped into the following five regions: Germany, Europe, North America, South America, and Asia/Pacific.
People from all continents work for Schaeffler at 180 locations in more than 50 countries worldwide. At the end of 2012 Schaeffler had approx. 76,099 employees.
The Schaeffler AG is registered in Fürth, Germany. Schaeffler’s headquarters are located in Herzogenaurach in Northern Bavaria.
In terms of workforce numbers, the biggest locations in Germany are Herzogenaurach, Schweinfurt and Buehl. The Sorocaba (Brazil) and Skalica (Slovak Republic) sites employ the most staff worldwide.
Schaeffler is a renowned supplier to the automotive industry as well as a leading manufacturer of rolling bearings worldwide. Our most important products are roller and friction bearings, high-precision bearings, linear guides, engine elements, precision products, clutch systems, dual mass flywheels, CVT components, and torque converters.
The operating businesses of Schaeffler are among the leaders in their respective international markets.
One of the cornerstones of our differentiation strategy is our high technological competency. R&D is therefore a top priority at Schaeffler; in fiscal year 2012 we invested €593 million in research and development.
In 1946 the brothers Wilhelm and Georg Schaeffler founded INA in Herzogenaurach.
Yes, the fiscal year at the Schaeffler AG runs from January 1 to December 31.
The Schaeffler AG is reporting according to IFRS (International Financial Reporting Standards).
Provided conditions develop as expected, we anticipate Schaeffler Group revenue to grow by approximately 4 % in 2013. Due to the forecasted growth in revenue, we anticipate that our EBIT will improve slightly. We continue to expect an EBIT margin of approximately 13 % in 2013. We will maintain our development activities at the level of the prior years. We plan to invest approximately 5 % of our consolidated revenue in researching and developing new products and processes in 2013.
Yes, Schaeffler is continuing the social responsibility of all group companies and sees this as a prerequisite for lasting corporate success. The Schaeffler Group’s Code of Conduct is based on the principles of the “Global Compact”, “The Global Sullivan Principles of Corporate Social Responsibility” and the standards of “Social Accountability International”. The basic principles described here constitute a minimum standard for us and do not affect country-specific additions that are based on the relevant cultural circumstances.