2023-04-27 02:55:18 ET
- AB SKF (publ) press release ( OTCPK:SKFRY ): Q1 Non-GAAP EPS of SEK 4.77.
- Revenue of SEK 26.55B (+15.7% Y/Y), organic growth 10.1%.
- • Adjusted operating profit of SEK 3,478 million; adjusted operating margin 13.1%.
- Net cash flow from operations SEK 2,747M.
- Outlook: "Given our strong sales growth in the first quarter, we adjust our full year guidance upwards somewhat. Looking into the second quarter of 2023, as well as the full year, we now foresee high single-digit organic sales growth. However, we expect continued volatility and geopolitical uncertainty impacting the markets in which we operate."
For further details see:
AB SKF (publ) Non-GAAP EPS of SEK 4.77, revenue of SEK 26.55B