ZF Remains on Course in the First Half of 2018
· Sales: Organic growth of around 8 percent · Profit: Adjusted EBIT of approximately 1.1 billion EURFriedrichshafen, Germany. In the first half of 2018, ZF Friedrichshafen AG achieved its targets: Sales rose to EUR 18.7 billion, and adjusted operating profit (EBIT) amounted to approximately EUR 1.1 billion. At the same time, ZF was able to further reduce the debts incurred from the TRW acquisition and significantly increase investments in property, plant and equipment as well as expenditure in research and development. “The strong organic sales growth of around 8 percent shows that we