ZF Friedrichshafen in 2011 boosted operating profit 25% to EUR850m (US$1.1bn) on record sales up 20% to EUR15.5bn.
It expects sales of EUR17bn in the current year.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
North America accounted for the strongest growth, followed by Europe, South America and Asia.
Return on sales was 5.5%.
