Schaeffler aims to double its operating profit by the year 2028.
In the rapidly evolving technology market, Schaeffler, a leading company in the development of components, is making strategic moves to secure a competitive edge. According to its CEO, Klaus Rosenfeld, Schaeffler is expanding its focus to include components for humanoid robots.
This shift in focus comes as Schaeffler has been experiencing cash burn in recent years. However, the company's future financial success may be attributed to its focus on developing components for advanced technologies, such as humanoid robots. According to projections, Schaeffler's cash flow is expected to improve significantly by 2028, surpassing the burn it has experienced in recent years.
The projected cash flow for Schaeffler by 2028 falls within the range of 400 to 600 million euros, excluding acquisitions and disposals of business units. This substantial improvement from its current financial standing is a notable achievement, considering Schaeffler's recent financial struggles.
It's important to note that Schaeffler's improved cash flow by 2028 is not solely dependent on acquisitions or disposals of business units. Instead, it's a result of the company's strategic focus on emerging technologies and its ability to adapt to market demands.
Rosenfeld, the CEO, sees future opportunities for Schaeffler in the development of components for humanoid robots. This forward-thinking approach could position Schaeffler as a key player in the rapidly growing robotics industry.
In conclusion, Schaeffler's financial recovery by 2028 is a remarkable turnaround, and its focus on humanoid robot components may be the key to its continued success in the technology market.
