Schaeffler Q3 2026 Revenues Flat, Margin Slips on China Headwinds

Schaeffler reported preliminary Q3 2026 revenues of €5.8B, unchanged year-over-year, with adjusted operating margin down to 4.2% from 4.5%. The results reflect ongoing Chinese market headwinds affecting European automakers, a key customer base for Schaeffler. This signals continued pressure on European auto suppliers, with implications for sector peers like SKF.