SKFRY News and Press, Aktiebolaget SKF ADR From 02/10/23

Nomination Committee's proposal for Board of Directors of AB SKF PR Newswire GOTHENBURG, Sweden , Feb. 10, 2023 /PRNewswire/ -- SKF's Nomination Committee proposes Beth Ferreira , Therese Friberg , Richard Nilsson and Niko Pakalén as new Board me...

Summary Regal Rexnord's fourth quarter revenue performance was better than it looks, and the company outperformed on margins. Management guidance/commentary was surprisingly positive, with a more bullish outlook on short-cycle demand and strong confidence in later-cycle markets like aer...

AB SKF (publ) Q4 2022 Earnings Conference Call February 2, 2023 03:00 ET Company Participants Patrik Stenberg - Head of Investor Relations Rickard Gustafson - Chief Executive Officer Niclas Rosenlew - Chief Financial Officer Conference Call Participants Kla...

AB SKF (publ) press release ( OTCPK:SKFRY ): Q4 GAAP EPS of SEK 3.00. Revenue of SEK 25.36B (+20.8% Y/Y). "Looking into the first quarter of 2023, we expect mid single-digit organic sales growth." Guidance Q1 2023 :Currency impact on the operating profit is expected to be ...

SKF Year-end report 2022: Strong organic sales and cash flow development PR Newswire GOTHENBURG, Sweden , Feb. 2, 2023 /PRNewswire/ -- Q4 2022 Net sales: SEK 25,361 million (20,986) Organic growth: 9.7% (3.8%) Adjusted operating profit/m...

Summary Like many industrial stocks, SKF saw its shares rally strongly in the last three months of 2022 on expectations of a more mild downturn in 2023. I'm expecting a more meaningful downturn in short-cycle industrial end markets, and I think SKF may see greater price/cost pressure fr...

SKF awarded top sustainability ratings PR Newswire GOTHENBURG, Sweden , Dec. 15, 2022 /PRNewswire/ -- SKF has achieved a Platinum Medal from EcoVadis, one of the world's most trusted providers of sustainable ratings for use in supply chains. This is the thir...

SKF hosts Capital Markets Day PR Newswire GOTHENBURG, Sweden , Dec. 8, 2022 /PRNewswire/ -- SKF is hosting its Capital Markets Day in London today. At the event, investors, analysts and members of the media will be given an update on the Group's strategic dev...

SKF and Castrol partner to offer access to circular use of industrial lubricants PR Newswire The partnership involves offering 'Oil as a service' through the integration of the SKF RecondOil offer with Castrol's metalworking lubricants, enabling circular use of the lubricant...

SKF increases regional capabilities across Asia PR Newswire Investments totaling SEK 1.25 billion to increase capabilities and competitiveness across China , India and Southeast Asia GOTHENBURG, Sweden , Nov. 24, 2022 /PRNewswi...