ZF Q1 FY 2026 sales decline 11.9% year over year to €9.4 billion

For fiscal year 2026, ZF is expecting more than €38 billion in sales, an EBIT margin between 4% and 5%, and free cash flow of more than €1 billion

ZF reported a 1.9% year-over-year decline in sales to €9.4 billion in the first quarter ended March 31, 2026, despite a persistently weak market environment.