Bloomberg:SKFB@SS

SKF Half-year Report 2017

GOTHENBURG, Sweden, July 21, 2017 /PRNewswire/ -- Alrik Danielson, President and CEO: "The second quarter saw strong organic growth and an improved operating margin. Sales development was positive in all regions, as underlying industrial activity and investments increased. Net sales, at SEK 20....

2017-07-21 15:49 2247

SKF's Half-year Results to be Published on 21 July

GOTHENBURG, Sweden, July 7, 2017 /PRNewswire/ -- The SKF Group will publish its half-year results on 21 July 2017 and will host a conference call, in English, at 9:00 (CEST), 8:00 (UK time). To join the conference call, please dial-in using the following details at least 10 minutes before the st...

2017-07-07 16:00 2483

SKF Informed of Initiation of Lawsuit Pertaining to Settlement With the European Commission

GOTHENBURG, Sweden, July 4, 2017 /PRNewswire/ -- SKF has been informed of the initiation of a lawsuit, with a claim for damages, by Daimler AG against SKF GmbH, as a consequence of the settlement decision by the European Commission for violation of European competition rules. Daimler has filed t...

2017-07-04 15:29 1604

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

GOTHENBURG, Sweden, June 30, 2017 /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 30 June the Company's share capital amounts toSEK 1,138,377,670 and the total number of s...

2017-06-30 14:39 2879

SKF Inaugurates Large-size Bearing Test Centre

GOTHENGURG, Sweden, June 21, 2017 /PRNewswire/ -- SKF has inaugurated its newly-built Sven Wingquist Test Center inSchweinfurt, Germany, an investment totallingEUR 40 million. The center is the first in the world that is able to test large-size bearings under actual operating conditions. This a...

2017-06-21 22:46 2698

SKF Divests Reelcraft

GOTHENBURG, Sweden, June 16, 2017 /PRNewswire/ -- SKF has signed an agreement, subject to regulatory approvals, to divest Reelcraft, a manufacturer of hose, cord and cable reels for industrial applications, to Madison Industries. The total consideration of the divestment is USD 115 million on a c...

2017-06-16 17:20 2629

Honeywell and SKF Launch Industrial Internet of Things Pilot Project

GOTHENBURG, Sweden, May 10, 2017 /PRNewswire/ -- Honeywell Process Solutions and SKF have launched a joint pilot project aimed at developing Industrial Internet of Things (IIoT) solutions. The pilot project, at a copper mine in Latin America, aims to create a digital standard for improved machine ...

2017-05-10 14:52 1772

SKF First Quarter Report 2017

GOTHENBURG, Sweden, April 27, 2017 /PRNewswire/ -- Alrik Danielson, President and CEO: "The first quarter of the year has seen continued growth, an improved operating margin and continued debt reduction. The increase in demand strengthened gradually during the quarter. Net sales, at 19.6 billio...

2017-04-27 15:08 1516

SKF's First Quarter Results to be Published on 27 April 2017

GOTHENBURG, Sweden, April 20, 2017 /PRNewswire/ -- The SKF Group will publish its results for the first quarter on27 April 2017 and welcomes investors, analysts and members of the media to take part in a conference call, which will be held in English, at 09:00 (CET), 08:00 (UK time). To join the...

2017-04-20 14:59 1641

Summary of SKF Capital Markets Day 2017

GÖTEBORG, Sweden, April 7, 2017 /PRNewswire/ -- SKF today held a Capital Markets Day in Gothenburg, Sweden. The event focused on three main topics: an update on the Group's strategic progress, manufacturing and digitalisation. Alrik Danielson, President and CEO, discussed the implementation of t...

2017-04-07 01:21 2810

SKF Invests in Expanding Production Capacity in Malaysia

GOTHENBURG, Sweden, March 30, 2017 /PRNewswire/ -- SKF is investing SEK 45 million in expanding its spherical roller bearing (SRB) capacity in Nilai, Malaysia. This investment will further improve utilisation of the Group's manufacturing capacity. Luc Graux, President, Bearing Operations, says: ...

2017-03-30 15:31 1779

Annual General Meeting of AB SKF

GOTHENBURG, Sweden, March 29, 2017 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held inGothenburg on Wednesday,29 March 2017, under the chairmanship of Mr Leif Östling. The income statements and the balance sheets were adopted, together with...

2017-03-29 22:06 1271

SKF Consolidates Organisational Structure and Group Management

GOTHENBURG, Sweden, March 13, 2017 /PRNewswire/ -- SKF today announces the following steps to consolidate its organisational structure and Group Management. The changes will further simplify SKF's technology development organisation and accelerate customer-driven innovation. The Group Technology...

2017-03-13 17:09 1569

SKF Publishes 2016 Annual Report and Launches new Climate Targets

GOTTENBURG, Sweden, March 7,  2017 /PRNewswire/ -- SKF has today published its 2016 Annual Report. The report is available for download atwww.skf.com .  At year-end 2016, the Group concluded a four-year programme to address climate change, resulting in a 14% absolute reducti...

2017-03-07 19:17 1486

SKF - Notice of Annual General Meeting

GOTEBORG, Sweden, Feb. 24, 2017 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF will be held at SKF Kristinedal, Byfogdegatan 4,Gothenburg, Sweden, at 13.00 on Wednesday,29 March 2017. The doors are open from 11.00. Please note that refreshments will be...

2017-02-24 20:54 3223

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...

2017-02-06 16:33 2074

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...

2017-02-02 20:41 3705

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 ...

2017-01-20 19:30 3175

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...

2016-12-15 16:06 1379
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