SKFRY News and Press, Aktiebolaget SKF ADR From 11/11/19

GOTHENBURG, Sweden , Nov. 11, 2019 /PRNewswire/ -- SKF has completed the acquisition of Form Automation Solutions (FAS), a US-based software development start-up company. FAS has developed GoPlant, a mobile-based asset inspection and data collection solution used in industrial applicat...

GÖTEBORG, Sweden , Nov. 8, 2019 /PRNewswire/ -- SKF has, as one of the first industrial companies, issued a green bond. The bond will raise EUR 300 million to fund eligible green projects in accordance with SKF's recently launched Green Finance Framework. SKF's green bond has re...

GOTHENBURG, Sweden , Nov. 7, 2019 /PRNewswire/ -- SKF has completed the buy-back of EUR 51 million and EUR 204 million of outstanding bonds maturing in 2020 and 2022 respectively. Financial net for Q4 2019 is now expected to be approximately SEK -360 million , compared to the Grou...

GOTHENBURG, Sweden , Nov. 4, 2019 /PRNewswire/ -- BillerudKorsnäs and SKF are partnering to reduce maintenance costs and improve production output and sustainability performance at Karlsborg Mill in Kalix, Sweden . Real-time data from a new system with 480 connected condition mon...

GOTHENBURG, Sweden , Oct. 31, 2019 /PRNewswire/ -- SKF has completed the previously announced acquisition of Presenso Ltd. Presenso is a company that develops and deploys artificial intelligence (AI)-based predictive maintenance software. Presenso's AI capability enables production pla...

The following slide deck was published by AB SKF (publ) in conjunction with their 2019 Q3 earnings Read more ...

AB SKF (SKFRY) Q3 2019 Earnings Conference Call October 22, 2019, 08:00 ET Company Participants Patrik Stenberg - Head, IR Alrik Danielson - President, CEO & Director Niclas Rosenlew - SVP & CFO Conference Call Participants Klas Bergelind - Citigroup Alexander Vir...

AB SKF (publ) ( OTCPK:SKFRY ): Q3 GAAP EPS of SEK2.84. More news on: AB SKF (publ), AB SKF (publ), Earnings news and commentary, Read more ...

GOTHENBURG, Sweden , Oct. 22, 2019 /PRNewswire/ -- Alrik Danielson , President and CEO: "SKF has managed the business well in a weakening economic environment and our efforts to reduce costs are contributing to a strong and stable operating margin in the quarter with an underlyin...

Maybe the worst is over for multi-industrials. Multiple end markets are still weakening, but investors seem to increasingly have this factored into their outlooks, as Sandvik ’s ( OTCPK:SDVKY ) low-quality beat in the third quarter seems to have gone over fairly well with investors. ...