German Manager Magazin: ZF Friedrichshafen: Loss of billions due to a lack of demand 004055

The Car supplier ZF wrote deep red numbers in 2024. The loss was just over a billion euros, as the company in Friedrichshafen announced on Lake Constance. Above all, high provisions for conversion costs of around 600 million euros would have led to the net result. In 2023 the company had made a profit of… Continue reading German Manager Magazin: ZF Friedrichshafen: Loss of billions due to a lack of demand 004055