Bloomberg:SKFA@SS

SKF Half-year Report 2019

GOTHENBURG, Sweden, July 17, 2019 /PRNewswire/ -- Alrik Danielson, President and CEO: "Our efforts to keep costs under control are showing results, in a market with lower demand. Operating profit for the second quarter wasSEK 2,539 million , including costs for restructuring and impairments of 31...

2019-07-17 14:39 12318

Announcement of Change in the Total Number of Votes in AB SKF

GOTHENBURG, Sweden, June 28, 2019 /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 June the Company's share capital amounts to SEK 1,138,377,670 and the total number of share...

2019-06-28 15:33 14917

SKF to Publish Half-year Results on 17 July

GOTEBORG, Sweden, June 27, 2019 /PRNewswire/ -- SKF will publish its half-year results for 2019 on17 July 2019 at approximately 8:00 (CET). Investors, analysts and media are invited to join a conference call, which will be held in English, at 9:00 (CET). To join the conference call, please dial...

2019-06-27 16:53 7055

SKF Acquires Cleantech Start-up Company

GOTHENBURG, Sweden, June 20, 2019 /PRNewswire/ -- SKF has acquired RecondOil Sweden AB, a Swedish cleantech start-up that has developed a chemical filtration and rejuvenation process for industrial lubrication fluid and slop oil. RecondOil's turnover in 2017 was SEK 10 million and the acquisitio...

2019-06-20 17:44 14653

SKF Invests SEK 450 Million in Deep Groove Ball Bearing Manufacturing

Staff reductions connected to automation investments in Bari will result in restructuring costs of approximatelySEK 140 million in the second quarter of 2019 GOTEBORG, Sweden, June 19, 2019 /PRNewswire/ -- SKF is investing approximately SEK 450 million in improving the competitiveness of its deep...

2019-06-19 14:23 6268

Announcement of Change in the Total Number of Votes in AB SKF

GOTHENBURG, Sweden, May 29, 2019 /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 May the Company's share capital amounts to SEK 1,138,377,670 and the total number of shares ...

2019-05-29 20:25 10433

SKF Confirms Closure of Stonehouse Factory

GOTHENBURG, May 17, 2019 /PRNewswire/ -- Following a consultation process with local employee representatives, SKF confirms the proposed closure of its factory in Stonehouse, UK. The proposal was made inDecember 2018 as part of a wider consolidation of the Group's aerospace manufacturing footprin...

2019-05-17 16:57 5153

SKF Appoints Niclas Rosenlew New CFO

GOTHENBURG, Sweden, April 30, 2019 /PRNewswire/ -- Niclas Rosenlew has been appointed Senior Vice President and CFO of AB SKF. Niclas will start his new position on17 June 2019 and replaces Christian Johansson, who leaves SKF with immediate effect, to pursue his career outside the company. Nicla...

2019-04-30 14:37 5128

SKF First-quarter Report 2019

GOTEBORG, Sweden, April 25, 2019 /PRNewswire/ -- Alrik Danielson, President and CEO: "Demand in the first quarter developed in line with our expectations. Net sales reachedSEK 21.3 billion and organic sales were relatively unchanged compared to last year. Operating profit, atSEK 2.7 billion, wa...

2019-04-25 14:46 5996

SKF Inaugurates Factory in Changshan, China

GÖTEBORG, Sweden, April 17, 2019 /PRNewswire/ -- SKF has inaugurated its tapered roller bearing factory in Changshan,China. Following an investment of approximatelySEK 200 million, the new factory will improve the Group's competitiveness in the industrial drives and automotive segments inChina. ...

2019-04-17 16:48 10099

SKF to Publish First Quarter Results on 25 April

GOTHENBURG, Sweden, April 12, 2019 /PRNewswire/ -- The SKF Group's results for the first quarter will be published around 8:00 (CET) on25 April 2019. Investors, analysts and media are invited to join a conference call, which will be held in English, at 9:00 (CET). To join the conference call, pl...

2019-04-12 18:11 5306

Annual General Meeting of AB SKF

GOTHENBURG, Sweden, March 28, 2019 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held inGothenburg on Thursday,28 March 2019. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of d...

2019-03-28 22:42 5230

SKF Annual Report 2018 Published

GOTHENBURG, Sweden, March 7, 2019 /PRNewswire/ -- AB SKF has published its annual report for 2018. The report focuses on SKF's operations and how the Company strives to create value for shareholders in a responsible manner. Alrik Danielson, President and CEO, says: "2018 has been an exciting and ...

2019-03-07 06:19 8726

SKF - Notice of Annual General Meeting

GOTHENBURG, Sweden, Feb. 18, 2019 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF, reg. no. 556007-3495, will be held at SKF Kristinedal, Byfogdegatan 4, Gothenburg, Sweden, at 13.00 on Thursday, 28 March 2019. The doors are open from 11.00. Refreshments...

2019-02-18 15:30 4180

Announcement of Change in the Total Number of Votes in AB SKF

GOTHENBURG, Sweden, Jan. 31, 2019 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with the Company's Articles of Association, AB SKF confirms the following. As per 31 January the Company's share capital amounts to SEK 1,138,377,670 and the total number of sh...

2019-01-31 16:05 9224

SKF Year-end Report 2018

GOTHENBURG, Jan. 29, 2019 /PRNewswire/ -- Alrik Danielson, President and CEO: "2018 was an excellent year for SKF, with record results and a significantly strengthened balance sheet. In recognition of this, the Board has decided to propose an increased dividend ofSEK 6.00 per share to the Annual...

2019-01-29 21:05 11040

SKF's Year-end Results to be Published on 29 January 2019

GOTHENBURG, Sweden, Jan. 21, 2019 /PRNewswire/ -- The SKF Group will publish its full year results on29 January 2019 and welcomes investors, analysts and members of the media to take part in a conference call, which will be held in English, at 14:00 (Swedish Time), 13:00 (UK Time). To join the c...

2019-01-21 16:03 6634

SKF Consolidates Aerospace Manufacturing in Europe; Proposes to Close Site in Stonehouse

GOTHENBURG, Sweden, Dec. 6, 2018 /PRNewswire/ -- SKF today announces a consolidation of its aerospace manufacturing footprint inEurope. Consequently, and subject to consultation with local unions, SKF proposes to close its bearing manufacturing site in Stonehouse, UK. The Group will now enter in...

2018-12-06 23:29 992

SKF Completes Previously Announced Divestment of L&AT Business, Resulting in a net Gain of SEK 1.2 Billion

GOTHENBURG, Sweden, Dec. 3, 2018 /PRNewswire/ -- SKF has completed the previously announced divestment of its linear and actuation technology business to Triton. The total consideration of the divestment is SEK 2.75 billion on a cash- and debt-free basis. The closing of the divestment will have...

2018-12-03 22:19 740

SKF and Daimler Settle Legal Dispute

GOTHENBURG, Sweden, Dec. 1, 2018 /PRNewswire/ -- SKF and Daimler AG (Daimler) have today entered into a settlement agreement with respect to their dispute before the regional court Nuremberg-Fuerth inGermany regarding damage claims resulting from the European Commission's decision on the violatio...

2018-12-01 01:59 1617
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