(Reuters) -German machine and car parts maker Schaeffler on Tuesday released medium-term targets for 2028, saying the adjusted operating profit margin could double from 2024 levels, supported by a break-even at its E-Mobility division.
The company expects an adjusted earnings before interest and taxes margin to reach between 6% to 8%, compared with 3.5% in 2024, it said in a presentation for its investor day.
The company also targets sales of 27-29 billion euros ($31.9-$34.2 billion) in 2028.
($1 = 0.8471 euros)
(Reporting by Amir OrusovEditing by Ludwig Burger)
