Schaeffler’s Q3 net income doubles y/y to USD620m

News
Financial results

Automotive segment benefits from new customer projects and product innovations

Schaeffler’s bottom line doubled year-on-year (y/y) to EUR459m (USD620m, 30 September 2013) in the third quarter (Q3) ended on 30 September from EUR225m (USD289.2m, 30 September 2012) in the corresponding period a year ago, says a press release.

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