Schaeffler AG provided earnings guidance for the year of 2021. For the year, the company expects its revenue to grow considerably in 2021, rising by more than 7% at constant currency. The lower limit is based on a conservative assessment of the market in terms of global growth in the production of passenger cars and light commercial vehicles. In addition, the company expects to generate an EBIT margin before special items of 6% to 8% in 2021.