German auto supplier ZF posts ?2.1bn loss - doubling last year's

NAMPA / DPA

2026-03-19

Frankfurt (dpa) - German automotive supplier ZF doubled its annual loss to ?2.1 billion ($2.4 billion) from a year ago, primarily due to a one-off effect from the group's restructuring, the firm announced. "The write-downs on unprofitable projects are a one-off effect on our 2025 balance sheet," chief executive Mathias Miedreich said in a statement on Thursday in Friedrichshafen. "But they remove weight from our backpack for the climb ahead," h......

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2026-03-19 12:00:34

German auto supplier ZF posts ?2.1bn loss - doubling last year's

2026-03-19 12:00:34

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