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MarketScreener Homepage  >  Equities  >  Xetra  >  Schaeffler    SHA   DE000SHA0159

SCHAEFFLER

(SHA)
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Schaeffler Enters Strategic Partnership with SAP to Update IT Systems

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08/13/2019 | 03:45am EST

By Patrick Costello

Schaeffler said Tuesday that has it entered a strategic partnership with business software provider SAP SE (SAP.XE) to further develop the German automotive-parts supplier's IT application systems and digital capabilities.

Schaeffler said it would integrate SAP services into its IT infrastructure and projects in order to boost efficiency across the company and improve its IT landscape.

Among the products to be integrated into Schaeffler's systems under the partnership are SAP's S/4 HANA software and SuccessFactors, which will optimize Schaeffler's business processes and promote the company's digitization efforts, Schaeffler said.

Write to Patrick Costello at patrick.costello@dowjones.com.

Stocks mentioned in the article
ChangeLast1st jan.
E.ON SE 1.35% 8.962 Delayed Quote.2.50%
SAP AG -0.16% 123.34 Delayed Quote.42.11%
SCHAEFFLER 1.09% 9.988 Delayed Quote.32.48%
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Financials (EUR)
Sales 2019 14 327 M
EBIT 2019 1 077 M
Net income 2019 638 M
Debt 2019 2 487 M
Yield 2019 4,19%
P/E ratio 2019 9,67x
P/E ratio 2020 8,13x
EV / Sales2019 0,61x
EV / Sales2020 0,58x
Capitalization 6 218 M
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Technical analysis trends SCHAEFFLER
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 15
Average target price 7,23  €
Last Close Price 9,34  €
Spread / Highest target -3,60%
Spread / Average Target -22,5%
Spread / Lowest Target -40,0%
EPS Revisions
Managers
NameTitle
Klaus Rosenfeld Chief Executive Officer
Georg F. W. Schaeffler Chairman-Supervisory Board
Andreas Schick Chief Operating Officer
Dietmar Heinrich Chief Financial Officer
Uwe Wagner Chief Technology Officer
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