Schaeffler reports Vehicle Lifetime Solutions H1 2024 sales at €1.3 billion, up 16% YOY

In terms of overall revenue, the company reported a revenue increase of 2.0% at constant currency to €8.276 billion for the first half of 2024

The Schaeffler Group announced that its Vehicle Lifetime Solutions division reported revenue of €1.309 billion in the first six months of 2024, up 16% from €1.129 billion in the same time frame of 2023, according to a press release dated Aug. 6.