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Schaeffler AG (SCFLF) Q3 2024 Earnings Call Highlights: Strategic Moves and Market Challenges

By Yahoo! Finance   |   Nov 6, 2024 at 02:10 AM EST
Schaeffler AG (SCFLF) Q3 2024 Earnings Call Highlights: Strategic Moves and Market Challenges

The automotive technology segment faces negative operating leverage due to high vertical integration in powertrain and chassis. Weak volumes in Q3 impacted margins, but future volume increases and adjustments are expected to improve the situation.

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