Finance
Schaeffler's Q2 profit hit by lower demand, currency exchange effects
Published by Global Banking and Finance Review
Posted on August 6, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on August 6, 2025
1 min readLast updated: January 22, 2026
Schaeffler's Q2 profit dropped 15.8% due to lower European demand and currency issues, missing analyst forecasts. CEO remains optimistic.
(Reuters) -German machine and car parts maker Schaeffler reported a lower than expected second-quarter operating profit on Wednesday, impacted by lower demand in Europe and negative currency exchange effects.
Schaeffler said its adjusted earnings before interest and taxes fell 15.8% to 205 million euros ($237.3 million) in the quarter, missing analysts' forecast of 227 million euros in a company-compiled consensus. The corresponding margin of 3.5% also fell slightly short of the 3.8% average estimate.
"We are confident that our diversified positioning makes us well-equipped to respond appropriately and flexibly to the challenges ahead," CEO Klaus Rosenfeld said in a statement, as the company confirmed its full-year outlook.
($1 = 0.8639 euros)
(Reporting by Amir Orusov in Gdansk; editing by Milla Nissi-Prussak)
Schaeffler's adjusted earnings before interest and taxes fell 15.8% to 205 million euros ($237.3 million) in the quarter.
The profit missed analysts' forecast of 227 million euros, indicating lower than expected performance.
The lower than expected profit was impacted by lower demand in Europe and negative currency exchange effects.
CEO Klaus Rosenfeld expressed confidence in the company's diversified positioning, stating it makes them well-equipped to respond to future challenges.
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