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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...
SKF completes acquisition of Tenute Srl PR Newswire GOTHENBURG, Sweden , Nov. 9, 2022 /PRNewswire/ -- SKF has completed the previously announced acquisition of Tenute Srl. Tenute develops and manufactures sealing solutions for various industrial applicati...
SKF and NIO expand strategic cooperation PR Newswire GOTHENBURG, Sweden , Oct. 27, 2022 /PRNewswire/ -- SKF and NIO, a leading premium smart electric vehicle manufacturer have strengthened their strategic cooperation. As part of the agreement, SKF will be...
AB SKF (publ) (SKFRY) Q3 2022 Results Conference Call October 25, 2022 3:00 AM ET Company Participants Patrik Stenberg - Head of IR Rickard Gustafson - CEO Niclas Rosenlew - CFO Conference Call Participants Klas Bergelind - Citi James Moore - Redb...
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SKF Half-year report to be published on 18 July PR Newswire GOTHENBURG, Sweden , July 8, 2024 /PRNewswire/ -- SKF will publish its Half-year results for 2024 on 18 July at approximately 07:00 (CEST). Investors, analysts, and media are invited to join a webcas...
SKF to showcase new solutions with significant customer value at its first-ever Tech & Innovation Summit SKF to showcase new solutions with significant customer value at its first-ever Tech & Innovation Summit PR Newswire SKF strengthens its innovation commitment w...