Roadmap 2025 presented via webcast on Schaeffler AG's 5th Capital Markets Day
Strategy, implementation program and medium-term goals form the three pillars of the Roadmap 2025
CEO of the group and CEOs of the three divisions outline growth prospects and value creation potential
Medium-term goals for 2025 set at group and division level
Klaus Rosenfeld: "We want to be our customers' preferred technology partner in the future too."
The global automotive and industrial supplier Schaeffler today presented its Roadmap 2025 as part of its Capital Markets Day 2020 (CMD), which includes an updated corporate strategy, a program for its implementation and medium-term goals up to 2025. The medium-term targets for 2025 were published the day before after the market closed and explained on today's CMD. The core of the CMD was the presentations by the divisional CEOs, who showed the growth prospects and value creation potential of their respective divisions.
Strategic prioritization as part of the Roadmap 2025
At the beginning of the event, Klaus Rosenfeld, CEO of Schaeffler AG, emphasized that the Roadmap 2025 would not initiate a radical change in strategy. Rather, it is important to stay on course where continuity has proven itself, to focus even more clearly on the company's strengths and to improve where there is a need to catch up. At the same time, the new company slogan "We pioneer motion" expresses the claim to continue to shape movement and progress in the future as a diversified automotive and industrial supplier with global reach. In the future, even more synergy potentials within the Schaeffler Group are to be used. The success is still based on the four proven unique selling points of innovation, manufacturing excellence, the highest quality and a pronounced understanding of the system. At the same time, it is important to continue the transformation of the company, to focus on core competencies and to implement them consistently.
In essence, this means that in the Automotive Technologies division, the change in the portfolio towards e-mobility and chassis applications will be accelerated. The high margin is to be maintained in the Automotive Aftermarket division. At the same time, growth opportunities in the independent aftermarket in particular should be used. The Industrial division will occupy new growth areas and further strengthen its profitability.
The implementation of all measures continues to be consistent with operational discipline. The focus remains on the generation of free cash flow and on a convincing capital allocation within the group. The aim is to create long-term and sustainable value. FAG 1305-TVH-C3 bearings online , pls click here :
Klaus Rosenfeld highlighted five future trends that are associated with special opportunities for the Schaeffler Group: (1) sustainability and climate change, (2) new mobility & electrification of the powertrain, (3) autonomous production, (4) data management & digitization and (5 ) Demographic change. From this, five focus areas could be derived in which Schaeffler wants to position itself even more strongly. These are designed in such a way that they cover both the range of products and services in the three divisions and the ten customer sectors and sector clusters defined across divisions.
The Schaeffler Group sees particular growth potential in hydrogen technology, for example, in the form of fuel cells for mobile applications and for equipping electrolysers for the production of green hydrogen: “The Schaeffler Group sees significant growth opportunities in the hydrogen sector. With our manufacturing excellence and industrialization expertise, we are excellently positioned to offer our customers high-quality solutions and benefit from the expansion of renewable energies, ”said Klaus Rosenfeld.
The topic of sustainability is of paramount importance to the Schaeffler Group. To this end, the company pursues an integrated approach across all divisions, functions and regions. The aim is to make production CO2 neutral from 2030.