AB SKF (publ) (SKF-B.ST)
| Previous close | 219.60 |
| Open | 230.00 |
| Bid | 224.80 x 0 |
| Ask | 224.90 x 0 |
| Day's range | 223.30 - 231.20 |
| 52-week range | 163.35 - 239.00 |
| Volume | |
| Avg. volume | 1,284,988 |
| Market cap | 102.497B |
| Beta (5Y monthly) | 1.04 |
| PE ratio (TTM) | 16.05 |
| EPS (TTM) | 14.03 |
| Earnings date | 26 Apr 2024 |
| Forward dividend & yield | 7.50 (3.42%) |
| Ex-dividend date | 27 Mar 2024 |
| 1y target est | 232.80 |
- Reuters
Bearings maker SKF Q1 core profit beats, sees sales dip in Q2
Sweden's SKF, the world's biggest maker of industrial bearings, reported adjusted first-quarter earnings that topped market expectations in the face of slowing demand and said it expected softer like-for-like sales in the second quarter. SKF reported adjusted operating earnings of 3.30 billion Swedish crowns ($303 million) in the quarter compared to 3.48 billion a year ago and above a mean forecast of 3.11 billion, according to a LSEG compilation of analyst estimates. The Gothenburg-based company, whose bearings are found in products such as cars, tools and wind turbines, forecast a mid-single-digit like-for-like sales decline in the second quarter after sales fell 7% organically in the first quarter.
PR NewswireAnnual General Meeting of AB SKF
The Annual General Meeting of Aktiebolaget SKF was held on Tuesday, 26 March 2024.
PR NewswireChanges in Group Management to continue to drive profitable growth in the ISEA region
SKF announces the appointment of Mukund Vasudevan as President, Industrial Region India and Southeast Asia (ISEA). In his role, Mukund will be responsible for continuing SKF's strategic transformation and profitable growth journey in the expansive ISEA region.
