RICS:SKFA.ST

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, March 28, 2024 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 28 March 2024, the Company's share capital amounts to SEK 1,138,377,670 and the total number ...

2024-03-28 15:33 618

Annual General Meeting of AB SKF

GOTHENBURG, Sweden, March 27, 2024 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF was held on Tuesday,26 March 2024. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of dividend. A dividend ofSEK 7.50 per share was app...

2024-03-27 01:22 646

SKF joins new research and innovation project aiming to eliminate greenhouse gas emissions

GOTHENBURG, Sweden, March 25, 2024 /PRNewswire/ -- SKF has decided to join and co-fund Mission 0 to contribute to the development of groundbreaking technologies and deliver solutions to eliminate greenhouse gas (GHG) emissions in materials, production and end-of-life of passenger cars. In an init...

2024-03-25 16:40 1111

SKF joins new research and innovation project aiming to eliminate Greenhouse gas emissions

GOTHENBURG, Sweden, March 25, 2024 /PRNewswire/ -- SKF has decided to join and co-fund Mission 0 to contribute to the development of groundbreaking technologies and deliver solutions to eliminate greenhouse gas (GHG) emissions in materials, production and end-of-life of passenger cars. In an init...

2024-03-25 16:20 988

Changes in Group Management to continue to drive profitable growth in the ISEA region

GOTHENBURG, Sweden, March 20, 2024 /PRNewswire/ -- SKF announces the appointment ofMukund 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...

2024-03-20 14:19 1436

SKF Annual Report 2023 published online; on track to deliver on 2030 sustainability target

GOTHENBURG, Sweden, March 4, 2024 /PRNewswire/ -- AB SKF's Annual Report 2023 has today been published on the Group's website. The Report highlights SKF's strategic transformation journey and financial performance, as well as how the Group's business model and strategy are designed to maximize va...

2024-03-04 20:34 640

Notice of Annual General Meeting

GOTHENBURG, Sweden, Feb. 20, 2024 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF will be held at Radisson Blu Scandinavia Hotel, Södra Hamngatan 59,Gothenburg, Sweden, at 14.00 on Tuesday, 26 March 2024. The doors are open from 13.00. Light refreshments...

2024-02-20 15:51 1179

Changes in Group Management to accelerate strategic transformation and profitable growth

GOTHENBURG, Sweden, Feb. 6, 2024 /PRNewswire/ -- As a consequence of SKF accelerating its strategic transformation to drive profitable growth, the leadership in two of the industrial regions, Americas andIndia and Southeast Asia, will change with immediate effect. "In times of transformation, ad...

2024-02-06 22:52 1296

SKF recognized with 'A' score from CDP for transparency on climate change

GOTHENBURG, Sweden, Feb. 6, 2024 /PRNewswire/ -- SKF has received an 'A', the top Climate Change rating available from CDP, the global non-profit that runs the world's largest climate and environmental disclosure system for companies, cities, states and regions. Based on data reported to CDP, SKF...

2024-02-06 17:37 1240

SKF Year-end report 2023: Strategy execution yielding strong performance

GÖTEBORG, Sweden, Jan. 31, 2024 /PRNewswire/ -- Q4 2023 Net sales: SEK 24,438 million (25,361) Organic growth: -1.9% (9.7%) Adjusted operating profit/margin:SEK 2,929 million, 12.0% (2,542, 10.0%) Full year 2023 Net sales: SEK 103,881 million (96,933) Organic growth: 3.7% (8.1%) Adjusted opera...

2024-01-31 15:22 1106

SKF secures 100% renewable electricity in the U.S. and Canada

GOTHENBURG, Sweden, Jan. 30, 2024 /PRNewswire/ -- SKF has reached a significant sustainability milestone by entering two Renewable Energy Certificate (REC) purchase agreements inNorth America. This will enable SKF factories and facilities in the U.S. andCanada to achieve 100% renewable electricit...

2024-01-30 23:32 1331

Nomination Committee's proposal for Board of Directors of AB SKF

GOTHENBURG, Sweden, Jan. 23, 2024 /PRNewswire/ -- SKF's Nomination Committee proposes re-election of the board members Hans Stråberg, Hock Goh,Geert Follens , Håkan Buskhe,Susanna Schneeberger, Rickard Gustafson, Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén. Hans Stråberg is p...

2024-01-23 16:03 1085

SKF Awarded EcoVadis Platinum Rating for fourth year running

GOTHENBURG, Sweden, Jan. 22, 2024 /PRNewswire/ -- SKF has been awarded a Platinum Medal by EcoVadis, one of the most trusted providers of sustainability ratings for use in supply chains. This prestigious recognition places SKF in the top 1% among the more than 100,000 companies assessed worldwide...

2024-01-22 16:17 1126

SKF to publish full-year results on 31 January

GOTHENBURG, Sweden, Jan. 17, 2024 /PRNewswire/ -- SKF will publish its full-year results for 2023 on31 January 2024 at approximately 07:00 (CET). Investors, analysts and media are invited to join a webcast, which will be held in English, at 08:00 (CET).   To join the webcast, please login at lea...

2024-01-17 16:08 1278

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Dec. 29, 2023 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 29 December 2023, the Company's share capital amounts to SEK 1,138,377,670 and the total numbe...

2023-12-29 15:29 1583

SKF increases localization rate in the Americas and Asia; closes factory in Busan, Korea

GOTHENBURG, Sweden, Dec. 1, 2023 /PRNewswire/ -- SKF today announces a transfer of the supply of products from the factory inBusan, Korea, to China, India and Mexico. This is another step in the continuous execution of the Group's strategy, where regionalization is an important part. Consequently...

2023-12-01 15:16 1340

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Nov. 30, 2023 /PRNewswire/ -- Due to conversions of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 30 November 2023, the Company's share capital amounts to SEK 1,138,377,670 and the total number...

2023-11-30 16:35 3403

SKF strengthens magnetic bearings offer by acquiring fibre composite company

GOTHENBURG, Sweden, Nov. 8, 2023 /PRNewswire/ -- SKF has signed an agreement to acquire 2C Composites, a German high-performance fibre composite supplier. Through the acquisition, SKF will secure the supply of a leading and unique technology of composite layers which will strengthen the Group's m...

2023-11-08 15:42 2897

SKF Nine-month report 2023: Resilient margins and strong cash flow despite slowdown in demand

GOTHENBURG, Sweden, Oct. 27, 2023 /PRNewswire/ --  Rickard Gustafson, President and CEO: "During the quarter we continued to see a slowdown in demand from a weakening economic sentiment and customers reducing their inventories. Despite this, our profitability was resilient, and our cash flow rem...

2023-10-27 13:34 1417

SKF concludes strategic review of Aerospace business; strengthens its core business

GOTHENBURG, Sweden, Oct. 27, 2023 /PRNewswire/ -- Following the completion of a strategic review of its Aerospace business, SKF is further strengthening and investing in its Aerospace core areas, but also exploring strategic options to fully or partially exit business lines that are non-core. SK...

2023-10-27 13:30 1413
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