Investor Presentaiton
3 Q2 2022 Financials
Overhead costs - Increase yoy, freight and logistics costs the main drivers
Overhead costs | in EUR mn
+12.1%
SCHAEFFLER
Key aspects
• R&D: Slightly higher yoy, mainly related to New Business projects in
Automotive Technologies and in business fields Hydrogen and Robotics
in Industrials
Selling expenses: Significantly increased freight/logistics costs and
higher volumes in Industrial
• Admin costs: Rise yoy and sequentially due to higher expenses for IT
and digitalization
604
622
•
575
581
555
555
188
203
R&D
192
191
183
181
283
Selling
246
232
243
256
257
Admin
137
139
130
134
145
151
Overhead cost ratio
Q1 21
Q2 21
Q3 21
Q4 21
Q1 22 Q2 22
in % of sales
Q2 21
Q2 22
Q2 22
vs. Q2 21
H1 21
H1 22
H1 22
vs. H2 21
Automotive
15.3%
15.2%
EUR 1,130 mn
-0.2pp
14.8%
15.1%
+0.3pp
EUR 1,226 mn
Technologies
Automotive
EUR 2,266 mn
15.5%
19.1%
+3.6pp
17.4%
18.3%
+0.9pp
Aftermarket
In % of sales
Industrial
18.1%
17.7%
-0.3pp
18.6%
17.8%
-0.9pp
16.1%
16.1%
16.7%
16.6%
16.1%
16.4%
Group
16.1%
16.4%
+0.3pp
16.1%
16.2%
+0.1pp
Sep 21, 2022
Schaeffler AG - Baader Investment Conference
PUBLIC
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