Schaeffler posted Q1 sales of €5.76 bn, matching expectations, while EBIT reached €285 m, beating the €279 m consensus.
EBIT margin was 5.0% versus 4.9% expected, and EPS of €0.06 fell short of the €0.08 consensus.
Free cash flow was negative €209 m, slightly worse than the €200 m forecast, but the company reaffirmed full‑year guidance.
Shares jumped more than 9% in early Tuesday trading as analysts highlighted solid performance and maintained a Buy rating.