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AB SKF (SKFb.ST)

SKFb.ST on Stockholm Stock Exchange

183.50SEK
23 May 2018
Change (% chg)

-4.10kr (-2.19%)
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187.60kr
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Tue, May 22 2018

Sweden's SKF feels power of China's electric car drive

GOTHENBURG, May 22 Sweden's SKF is seeing increasing demand for its bearings from China, where demand for electric cars means it is winning at least one new contract a month, as suppliers adapt to changing automobile technology.

UPDATE 1-Sweden's SKF rides price hikes and cost cuts to profit beat

STOCKHOLM, April 26 SKF, the world's biggest maker of industrial bearings, posted a quarterly operating profit well ahead of market forecasts on Thursday as cost cuts and price increases paid off amid strong global demand.

Bearings maker SKF Q1 operating profit tops forecast

STOCKHOLM, April 26 SKF, the world's biggest maker of industrial bearings, posted a quarterly operating profit ahead of market forecasts on Thursday and said it expected higher year-on-year demand in the second quarter.

UPDATE 1-Bearings maker SKF sees stronger demand ahead after fourth quarter tops forecast

STOCKHOLM, Feb 1 The world's largest maker of industrial bearings, SKF, reported fourth-quarter core earnings just ahead of market forecasts on Thursday and said it expected demand would increase slightly in the current quarter.

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