News 

ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 billion, while net debt was reduced to €7.2 billion. The business figures can be compared with the prior-year period only to a limited extent as the first half of 2015 was essentially characterized by extraordinary items: the acquisition of the U.S. automotive supplier TRW and the sale of the 50 percent share in ZF Lenksysteme.