ZF Group sales decline

In the first half of 2025, ZF's sales were €19.7 billion (US$22.54 billion), a significant decline from €22 billion in the same period last year. Despite the decline in sales, its adjusted operating profit (EBIT) margin rose to 4.4% from 3.5% in the same period last year. This "scissors gap" reflects the company's efforts in cost control and suggests that its business structure is changing.