2017 Financial Overview ZF Friedrichshafen AG

ZF by numbers: ZF ended the fiscal year 2017 with record sales of €36.4 billion, which, when adjusted for exchange rate effects and M&A activities, elicited organic growth of 6 percent. ZF also further reduced the debt incurred from the acquisition of TRW Automotive and posted a higher adjusted EBIT of €2.3 billion, despite increased research and development costs.