The Schaeffler Group generated 215 million euros (prior year: 272 million euros) in EBIT before special items for the first three months, representing an EBIT margin before special items of 6.5 percent (prior year: 7.5 percent).
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The Schaeffler Group generated 215 million euros (prior year: 272 million euros) in EBIT before special items for the first three months, representing an EBIT margin before special items of 6.5 percent (prior year: 7.5 percent).
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Intensive preparations are now underway for the resumption of production at the Group’s European plants.
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All staff at dealerships and service centres have been trained with the new standard operating procedure to ensure health and hygiene of all stakeholders, said the company.
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All 3 Plants – CV, Two-wheeler, and Engine have started operations in a phased manner prioritizing safety as per the Government directives.
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Amidst the COVID-19 scenario, Okinawa also announced a hike in dealer margin from 8 percent to 11 percent to enable its dealer network to make more profits.
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Introduces actions to support network partners and a host of attractive customer offers.
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Both Sales and Service operations commence at dealerships.
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