Schaeffler slides after lower-than-expected Q2 indications

** Shares in Schaeffler SHA0 slide 2.3% after the German automotive supplier released on Thursday lower key indications of Q2 earnings during pre-close call

** The company said its sales in Q2 remained stable Q/Q, but lower Y/Y, EBIT margin sightly lower Y/Y and below Q1 2025 with Q2 free cash flow of significant step-up Q/Q

** "Sales look touch below and EBIT margin slightly below estimates, too," a local trader said, expecting them to weigh slightly on shares

** Up to the previous session's close, shares were up 16.2%​ YTD