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ZF sales rise 43% y/y to USD22.93 billion in H1 2021

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Financial results

The company said first half 2021 saw supply chain disruptions involving semiconductor shortages as well as raw material price increases

Friedrichshafen-based ZF Group has reported sales of USD23 billion (19.3 billion euro) in H1 2021, up 43% y/y from USD 16 billion (13.5 billion euro) for the corresponding period last year, the company said while disclosing its financial results on 29 July.

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