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Schaeffler AG
Investor Relations

Industriestraße 1-3
91074 Herzogenaurach
Germany

Tel. +49 9132 82-4440
Fax +49 9132 82-4444

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FAQ

1. What are Schaeffler's main areas of activity?

 

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.

The company operates under its three strong product brands INA, FAG and LuK in two divisions: Automotive and Industrial.

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.

 

2. How is Schaeffler organized?

 

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.

 

3. How many people does Schaeffler employ?

 

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.

 

4. Where is the Schaeffler AG registered?

 

The Schaeffler AG is registered in Fürth, Germany. Schaeffler’s headquarters are located in Herzogenaurach in Northern Bavaria.

 

5. Where are the Group's main locations?

 

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.

 

6. What are Schaeffler's main products?

 

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.

 

7. What is Schaeffler's market position?

 

The operating businesses of Schaeffler are among the leaders in their respective international markets.

 

8. What priority is attached to research at Schaeffler ?

 

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.

 

9. When was Schaeffler founded?

 

In 1946 the brothers Wilhelm and Georg Schaeffler founded INA in Herzogenaurach.

 

10. Is the Schaeffler AG's fiscal year the same as the calendar year?

 

Yes, the fiscal year at the Schaeffler AG runs from January 1 to December 31.

 

11. Where does Schaeffler publish financial reporting dates?

 

The reporting dates are published in the annual report and on the company website. Please refer to Financial Calendar.

 

12. Which accounting principles does Schaeffler use?

 

The Schaeffler AG is reporting according to IFRS (International Financial Reporting Standards).

 

13. What are the company’s key figures?

 

For our latest published key figures, please refer to our Key Financial Data

 

14. What are the expectations for fiscal year 2013?

 

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.

 

15. Does Schaeffler have a Code of Conduct?

 

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.

Please click here to get to „Schaeffler’s Code of Conduct“