Bloomberg:SKFA@SS

SKF invests SEK 400 million in Airasca, Italy

GOTHENBURG, Sweden, March 4, 2021 /PRNewswire/ -- SKF is investing SEK 400 million in expanding and modernizing its manufacturing facility in Airasca, Italy. The investment will bring the manufacturing of super-precision bearings (SuPBs) for industrial applications into the Group's largest manufa...

2021-03-04 18:43 688

SKF Annual Report 2020

GOTHENBURG, March 3, 2021 /PRNewswire/ -- AB SKF's Annual Report 2020 has today been published on the Group's website. The report focuses on SKF's operations and value creation for customers, employees, shareholders, the environment and surrounding communities. Alrik Danielson, President and CEO...

2021-03-03 20:32 1360

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

GOTHENBURG, Sweden, Feb. 26, 2021 /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 26 February, the Company's share capital amounts to SEK 1,138,377,670 and the total number of ...

2021-02-26 17:27 5386

SKF: Notice of Annual General Meeting

GÖTEBORG, Sweden, Feb. 17, 2021 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF, reg. no. 556007-3495, will be held on Thursday,25 March 2021. Due to the contagious Covid-19 and the authorities' regulations/guidance on avoiding gatherings of people, th...

2021-02-17 16:04 4034

SKF Year-end report 2020

GOTHENBURG, Sweden, Feb. 2, 2021 /PRNewswire/ --  Alrik Danielson, President and CEO: "I would like to thank everyone in SKF for contributing to making 2020 the year in which we delivered on our strategy in earnest, a fact which is reflected in yet another very strong set of results, not least d...

2021-02-02 21:33 4869

SKF's year-end results to be published on 2 February

GOTHENBURG, Sweden, Jan. 21, 2021 /PRNewswire/ -- SKF will publish its year-end results for 2020 on2 February 2021 at approximately 13:00 (CET). Investors, analysts and media are invited to join a Webcast, with the opportunity to ask questions via the chat function, at 14:00 (CET). To join the ...

2021-01-21 21:36 4273

Rickard Gustafson appointed President and CEO

GOTHENBURG, Sweden, Jan. 12, 2021 /PRNewswire/ --  The Board of AB SKF has appointedRickard Gustafson as new President and CEO. Rickard Gustafson will succeedAlrik Danielson and join SKF during the first half of 2021. Rickard Gustafson is currently the President and CEO of the SAS Group. Before ...

2021-01-12 11:17 2779

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

GOTHENBURG, Sweden, Dec. 30, 2020 /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 30 December, the Company's share capital amounts to SEK 1,138,377,670 and the total number of ...

2020-12-30 15:23 5954

Alrik Danielson to step down as President and CEO during 2021

GÖTEBORG, Sweden, Nov. 17, 2020 /PRNewswire/ -- The Board of AB SKF and Alrik Danielson have jointly agreed that Alrik Danielson will leave his role as President and CEO in 2021, a role he has held sinceJanuary 2015. The Board has started the process of recruiting a new President and CEO. Hans S...

2020-11-17 03:11 2285

SKF Capital Markets Day 2020: delivering on our transformation

GOTHENBURG, Sweden, Nov. 4, 2020 /PRNewswire/ -- SKF's virtual Capital Markets Day on 4 November will focus on the transformation of the Group into an even stronger SKF. This includes transformation of SKF's manufacturing footprint, operational improvements, new business models and technology inv...

2020-11-04 19:36 4597

SKF consolidates manufacturing and organisational structure in France

GOTHENBURG, Sweden, Nov. 3, 2020 /PRNewswire/ -- SKF today announces a consolidation and restructuring of various manufacturing, business and administrative functions inFrance. Consequently, manufacturing of slewing bearings would be moved from Avallon to St-Cyr-sur-Loire, resulting in the propo...

2020-11-03 18:25 6230

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

GOTHENBURG, Sweden, Oct. 30, 2020 /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 30 October, the Company's share capital amounts to SEK 1,138,377,670 and the total number of s...

2020-10-30 20:11 5178

Registration for SKF Capital Markets Day 2020 is now open

GOTHENBURG, Sweden, Oct. 28, 2020 /PRNewswire/ -- SKF welcomes institutional investors, financial analysts and financial media to the Group's first virtual Capital Markets Day on 4 November at 13:00-16:00 (CET). To participate, please register at:https://skf.6connex.com/event/4/register. During ...

2020-10-28 16:36 2347

SKF Nine-month report 2020: Strategy implementation continues to drive strong results

GOTHENBURG, Sweden, Oct. 27, 2020 /PRNewswire/ -- Alrik Danielson, President and CEO: "SKF's transformation into a more customer-focused, innovative and lean business continues. Our strong results in the third quarter illustrate that we are delivering on the implementation of our strategy, inclu...

2020-10-27 20:49 2416

SKF to publish nine-months results on 27 October

GOTHENBURG, Sweden, Oct. 16, 2020 /PRNewswire/ -- SKF will publish its nine-months results for 2020 on27 October 2020 at approximately 13:00 (CET). Investors, analysts and media are invited to join a Webcast, which will be held in English, at 14:00 (CET). Participants will have the opportunity t...

2020-10-16 17:56 10221

Nomination Committee of AB SKF for the Annual General Meeting 2021

GOTHENBURG, Sweden, Sept. 25, 2020 /PRNewswire/ -- In accordance with a resolution taken at the Annual General Meeting of AB SKF on 26 March 2020, this is to announce, due to changes of the four largest shareholders by number of votes, the representatives who, together with the Chairman of the Bo...

2020-09-25 21:42 8818

SKF joins the Renewable Energy 100 initiative

GOTHENBURG, Sweden, Sept. 23, 2020 /PRNewswire/ -- As part of SKF's goal to achieve Carbon Neutrality for its global manufacturing operations by 2030, the company is pleased to announce that it has joined the Renewable Energy 100 (RE100) initiative. RE100 is a global initiative bringing together...

2020-09-23 21:28 8539

SKF invests in strengthened competitiveness in North America

GOTHENBURG, Sweden, Sept. 22, 2020 /PRNewswire/ -- SKF is investing approximatelySEK 550 million in strengthening its manufacturing footprint and competitiveness inNorth America. Approximately SEK 350 million is being invested in expanding and automating manufacturing processes at the Group's f...

2020-09-22 22:07 5954

SKF and Deacero in fee-based partnership to improve performance

GOTEBORG, Sweden, Sept. 21, 2020 /PRNewswire/ -- SKF is partnering with Deacero, the Mexican steel manufacturer, to improve performance and reduce downtime at their steel rolling mill inCelaya. The partnership is built on a fee-based set-up covering bearings, bearing remanufacturing, maintenanc...

2020-09-21 22:04 5993

Nomination Committee of AB SKF for the Annual General Meeting 2021

GOTHENBURG, Sweden, Sept. 15, 2020 /PRNewswire/ -- In accordance with a resolution taken at the Annual General Meeting of AB SKF on26 March 2020, this is to announce the representatives of the four largest shareholders by number of votes, who, together with the Chairman of the Board, constitute t...

2020-09-15 04:14 1393