Reclassification of Specification of net Cash Flow Used in Investing Activities in SKF Year-end Report 2016
GOTHENBURG, Sweden, Feb. 6, 2017 /PRNewswire/ -- SKF announces a reclassification between lines in the specification of the "Net cash flow used in investing activities" in the SKF Year-end report 2016. The changes refer to page 11 of the report, under the headline "Condensed consolidated statemen...
SKF Year-end Report 2016
GÖTEBORG, Sweden, Feb. 2, 2017 /PRNewswire/ -- Alrik Danielson, President and CEO: "In 2016 we have seen market conditions gradually improve and SKF is now growing again. In the fourth quarter, organic sales increased by 1.2% compared to last year. Sequentially, sales were slightly higher, mainl...
SKF's Year-end Results to be Published on 2 February 2017
GOTEBORG, Sweden, Jan. 20, 2017 /PRNewswire/ -- The SKF Group will publish its full year results on2 February 2017 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 (CET), 13:00 (UK Time). The join the conference ...
SKF Invests SEK 225 Million in Modernising Distribution Centres
Opening of a new Distribution Centre in India is the Latest in Series of Investments Aimed at Improving Customer Lead-Times and Service Levels. GOTHENBURG, Sweden, Dec. 15, 2016 /PRNewswire/ -- SKF is investing SEK 225 million in upgrading its distribution centres across Europe and India. The i...
