EQS-News: Schaeffler AG: Schaeffler Group closes 2022 with solid earnings
The growth in revenue during the year was mainly due to higher volumes resulting from a market-driven increase in demand.
- The growth in revenue during the year was mainly due to higher volumes resulting from a market-driven increase in demand.
- One important milestone here was the start of production of the first rear-wheel steering system in 2022.
- The Industrial division once more increased both revenue and earnings in 2022.
- The Ewellix Group is a leading global manufacturer and supplier of drive and linear motion solutions.