Bloomberg:SKFA@SS

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 8741

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 4191

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 9232

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 11052

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 6645

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 1009

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 22:19 754

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 1651

SKF Hosts Capital Markets Day; Continues Investment in Manufacturing Automation

GOTHENBURG, Sweden, Nov. 29, 2018 /PRNewswire/ -- SKF is today hosting a Capital Markets Day inSchweinfurt, Germany. Participants will be given an update on the Group's strategic, financial and operational development. Focus will also be placed on the Group's value propositions around the rotatin...

2018-11-29 15:31 1163

SKF Consolidates Manufacturing in China; Invests in New Facility

GOTHENBURG, Sweden, Nov. 22, 2018 /PRNewswire/ -- SKF is investing approximately SEK 200 million in improving its competitiveness and customer service levels for tapered roller bearings (TRB) inChina. The investment is being made in a new manufacturing facility in Changshan, to which the Group's e...

2018-11-22 16:00 1066

SKF Invests SEK 200 Million in St Cyr, France

GOTHENBURG, Sweden, Nov. 12, 2018 /PRNewswire/ -- SKF is investing SEK 200 million in upgrading and modernizing its logistics and bearing remanufacturing centres in St Cyr,France. The logistics centre investment improves customer service levels and lead-times by bringing component storage from a...

2018-11-12 17:33 463

SKF Nine-month Report 2018

GOTEBORG, Sweden, Oct. 25, 2018 /PRNewswire/ -- Alrik Danielson, President and CEO: "The third quarter developed as anticipated, with continued growth in both our industrial and automotive businesses. Sales grew organically by 7%, to stand atSEK 21.3 billlion. Our operating profit was SEK 2.6 bi...

2018-10-25 19:40 458

SKF's Third Quarter Results to be Published on 25 October 2018

GOTHENBURG, Sweden, Oct. 15, 2018 /PRNewswire/ -- The SKF Group will publish its results for the third quarter on25 October 2018 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 Central European Time. To join the...

2018-10-15 19:57 421

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

GOTHENBURG, Sweden, Sept. 28, 2018 /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 28 September the Company's share capital amounts to SEK 1,138,377,670 and the total number of...

2018-09-28 23:56 570

SKF Issues EUR 300 Million Bond; Updates Guidance for Financial net

GOTHENBURG, Sweden, Sept. 17, 2018 /PRNewswire/ -- SKF's new EUR 300 million bond closed today. The senior, unsecured bond matures on17 September 2025 and carries a fixed coupon interest rate of 1.25%, an historically low rate for SKF. The proceeds of the issue will be used for the refinancing of...

2018-09-17 16:21 482

Nomination Committee of AB SKF for the Annual General Meeting 2019

GOTHENBURG, Sweden, Sept. 14, 2018 /PRNewswire/ -- In accordance with a resolution taken at the Annual General Meeting of AB SKF on27 March 2018, 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...

2018-09-14 22:16 647

SKF Divests Linear and Actuation Technology Business

GOTHENBURG, Sweden, July 31, 2018 /PRNewswire/ -- SKF has signed an agreement to divest its linear and actuation technology business to Triton. The total consideration of the deal isSEK 2.75 billion, on a cash- and debt free basis and it is expected to close during the end of 2018. The divestmen...

2018-07-31 15:24 631

SKF Half-year Report 2018

GOTHENBURG, Sweden, July 19, 2018 /PRNewswire/ -- Alrik Danielson, President and CEO: "Our record start to 2018 has continued. Sales grew by 9% organically, to SEK 22.6 billion and our operating profit was SEK 2,925 million – SKF's highest reported quarterly profit to date. Our operating margin,...

2018-07-19 16:56 992

SKF's Half-year Results to be Published on 19 July

GOTEBORG, Sweden, July 2, 2018 /PRNewswire/ -- The SKF Group will publish its half-year results on 19 July around 8.00 (Swedish time) and will host a conference call, in English, at 9:00. To join the conference call, please dial-in using the following details at least 10 minutes before the start...

2018-07-02 15:31 700

SKF and PSA Settle Legal Dispute

GÖTEBORG, Sweden, April 28, 2018 /PRNewswire/ -- SKF and Peugeot S.A., and several group companies, (PSA) have settled their dispute before the Competition Appeal Tribunal in theUnited Kingdom regarding damage claims resulting from SKF's settlement with the European Commission for violation of E...

2018-04-28 03:15 2047
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