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AB SKF

SKFb.ST

Latest Trade

162.75SEK

Change

-4.35(-2.60%)

Volume

1,484,826

Today's Range

161.60

 - 

166.00

52 Week Range

127.35

 - 

180.50

As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
167.10
Open
166.00
Volume
1,484,826
3M AVG Volume
38.20
Today's High
166.00
Today's Low
161.60
52 Week High
180.50
52 Week Low
127.35
Shares Out (MIL)
455.35
Market Cap (MIL)
76,098.97
Forward P/E
12.56
Dividend (Yield %)
3.29

Next Event

Nine Months 2019 AB SKF Earnings Release

Latest Developments

More

SKF CEO says saw China auto market flattening out at end of Q2

SKF Q2 Operating Profit Down At SEK 2.54 Bln

SKF Acquires Cleantech Start-Up Company

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About AB SKF

AB Skf is a Sweden-based supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. The Company's services include technical support, maintenance services, condition monitoring, asset efficiency optimization, engineering consultancy and training. The Company's segments include Industrial and Automotive. The Company develops and manufactures a range of products for the industrial market, including bearings, seals, lubrication systems and condition monitoring. It also provides a range of services and solutions around the rotating shaft in the areas of machine health, reliability engineering and remanufacturing. The Company provides a range of products, solutions and services to manufacturers of cars, light and heavy trucks, trailers, buses and two-wheelers. The vehicle aftermarket is served directly, as well as indirectly through a network of distributors and dealers.

Industry

Misc. Fabricated Products

Contact Info

Hornsgatan 1

+46.31.3371000

http://www.skf.com

Executive Leadership

Hans Straberg

Independent Chairman of the Board

Alrik Danielson

President, Chief Executive Officer, Director

Niclas Rosenlew

Chief Financial Officer, Senior Vice President

Carina Bergfelt

General Counsel; Senior Vice President, Group People, Communication, Legal and Sustainability; Secretary to the Board

Victoria Van Camp

Chief Technology Officer and President, Innovation and Business Development

Key Stats

3.57 mean rating - 23 analysts
Sell
Hold
Buy
Revenue (MM, SEK)

2016

72.8K

2017

77.9K

2018

85.7K

2019(E)

86.1K
EPS (SEK)

2016

8.780

2017

13.120

2018

15.980

2019(E)

13.306
Price To Earnings (TTM)
11.10
Price To Sales (TTM)
0.88
Price To Book (MRQ)
2.25
Price To Cash Flow (TTM)
7.47
Total Debt To Equity (MRQ)
61.49
LT Debt To Equity (MRQ)
52.33
Return on Investment (TTM)
10.73
Return on Equity (TTM)
7.90

Latest News

Sweden's SKF to shift automation into higher gear as markets flag

Swedish engineering company SKF aims to use a demand slowdown to its advantage, its chief executive said, stepping up an automation program that has already sent capital expenditure soaring.

Bearings maker SKF's profit falls, reassures on Chinese autos

Swedish bearings maker SKF <SKFb.ST> forecast stable demand for its main industrial business in the third quarter and cited unexpected signs of improvement in the battered Chinese car market, spurring a 4% rise in shares.

Bearings maker SKF sees slightly lower demand in Q3

Sweden's SKF, the world's biggest maker of industrial bearings, on Wednesday forecast slightly lower year-on-year demand in the third quarter after restructuring costs pushed its second-quarter operating earnings just below market forecasts.

SKF to build new factory in Xinchang, invest in automation in Bari

Bearings maker SKF said it plans to spend around 450 million Swedish crowns (£37.6 million) in its deep groove ball bearing (DGBB) manufacturing and would take 140 million in restructuring costs due to an automation investment in Italy.

Swedish auto supplier SKF to pass on impact of U.S. Mexico tariffs

Sweden's SKF said it would pass on the impact from U.S. tariffs on its industrial seals and bearings produced in Mexico to customers after U.S. President Donald Trump threatened to slap tariffs on imports from its southern neighbour.

UPDATE 2-SKF names Basware finance head Rosenlew as CFO

* IT experience in focus as SKF digitises, automates operations

SKF names Basware finance head Niclas Rosenlew as CFO

Sweden's SKF named Niclas Rosenlew as chief financial officer on Tuesday, as the industrial ball bearings maker announced that its current finance head Christian Johansson was leaving immediately to pursue an external opportunity.

UPDATE 1-Swedish bearings maker SKF quarterly profit tops forecasts

Sweden's SKF reported forecast-beating first quarter operating earnings boosted by strong results in its main industrial business, showing its ability to handle slowing demand ahead.

Bearings maker SKF profit tops forecast, sees slightly lower Q2 demand

Sweden's SKF, the world's largest maker of industrial bearings, reported quarterly operating earnings ahead of market expectations on Thursday but forecast slightly lower demand in the second quarter versus the year-ago period.

Sweden's SKF reassures on industrial demand, shares rise

Sweden's SKF , the world's largest industrial bearings maker, forecast unchanged demand in the first quarter, reassuring investors amid growing signs of a global slowdown and sending its shares up 4 percent.

SKF sees unchanged Q1 demand, Q4 earnings match forecasts

SKF, the world's largest maker of industrial bearings, reported stronger than expected quarterly sales growth and an in-line operating profit on Tuesday while forecasting roughly unchanged demand for the group in the first quarter.

SKF settles last carmaker lawsuit over ball bearings cartel

SKF <SKFb.ST> has reached a settlement with Daimler <DAIGn.DE> over the Swedish engineering group's alleged participation in a ball bearings cartel, drawing a line under its disputes with automakers over this issue.

Sweden's SKF to invest $17 mln in automation

Sweden's SKF, the world's largest maker of industrial bearings, is investing 150 million Swedish crowns ($17 million) to increase competitiveness by automating some manufacturing, it said on Thursday.

RPT-SKF to increase cost focus against an uncertain macro backdrop

Swedish industrial bearings maker SKF needs to increase its focus on cost-cutting to stay "ahead of the curve" in an uncertain macroeconomic environment, Chief Executive Alrik Danielson told Reuters in an interview on Wednesday.

SKF to increase cost focus against an uncertain macro backdrop

Swedish industrial bearings maker SKF <SKFb.ST> needs to increase its focus on cost-cutting to stay "ahead of the curve" in an uncertain macroeconomic environment, Chief Executive Alrik Danielson told Reuters in an interview on Wednesday.

UPDATE 1-Sweden's SKF upbeat on demand in face of slowdown fears

Sweden's SKF, the world's largest maker of industrial bearings, grew sales faster than expected in the third quarter and forecast slightly higher demand in the final months of 2018, giving its shares a brief boost in a jittery stock market.

SKF Q4 demand outlook lifts pummelled shares

Sweden's SKF, the world's largest maker of industrial bearings, reported quarterly operating earnings in line with market expectations on Thursday and forecast slightly higher year-on-year demand in the final months of 2018, sending its shares higher.

SKF divests linear and actuation unit in $314 million deal with Triton

Sweden's SKF <SKFb.ST>, the world's biggest maker of industrial bearings, on Tuesday said it had agreed to divest its linear and actuation technology business to investment firm Triton for 2.75 billion crowns ($314 million).

Bearings maker SKF profit tops forecast, sees strong demand

Sweden's SKF <SKFb.ST>, the world's biggest maker of industrial bearings, reported a bigger than expected rise in quarterly operating earnings on Thursday and forecast higher year-on-year demand for the third quarter, powered by strong growth in Asia.

Sweden's SKF Q2 profit beats forecast, sees higher demand in Q3

Sweden's SKF, the world's biggest maker of industrial bearings, reported a bigger than expected rise in quarterly operating earnings on Thursday and forecast higher year-on-year demand for the third quarter.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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