Schaeffler AG confirmed earnings guidance for the year 2021. The company still expects to generate an EBIT margin before special items of 8% to 9.5% in 2021. The company also anticipates free cash flow before cash in- and outflows for M&A activities for 2021 of more than EUR 400 million euros. The Group's revenue is now expected to grow by more than 7% at constant currency in 2021, following growth of more than 11% expected in the outlook issued on July 26, 2021.