Schaeffler AG (XTER:SHA0)

€ 4.4605 -0.0025 (-0.06%) Market Cap: 4.24 Bil Enterprise Value: 8.96 Bil PE Ratio: 21.38 PB Ratio: 0.84 GF Score: 81/100

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Q4 2018 Schaeffler AG Earnings Call Transcript

Mar 06, 2019 / 01:00PM GMT

Release Date Price: €7.53 (-6.23%)

Transcript

Operator

Ladies and gentlemen, welcome to the Schaeffler AG Full Year 2018 Results Conference Call. At our customer's request, this conference will be recorded. (Operator Instructions) May I now hand you over to Renata Casaro, Head of Investor Relations, who will lead you through this conference. Please go ahead.

Renata Casaro

Schaeffler AG - Head of IR

Thank you, operator. Good afternoon, ladies and gentlemen. Welcome to our full year 2018 earnings call. We are very happy to have us here today Mr. Klaus Rosenfeld, Chief Executive Officer of the Schaeffler group; Mr. Dietmar Heinrich, Chief Financial Officer; and Matthias Zink, CEO of Automotive OEM division, and the Investor Relations team. All relevant materials such as this presentation and other reported press releases are available on our website. In order to give you today the maximum time for questions, Klaus will begin with the overview and evaluation of our 2018 results for group and divisions, then lead you through the business and strategic update. Matthias will provide you insights in our RACE program for

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