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 Further SEK 145 Million in Schweinfurt Production Channels
GOTHENBURG, Sweden, Jan 16, 2017 /PRNewswire/ -- SKF is investing a further SEK 145 million in improving the competitiveness of its large-size bearing production inSchweinfurt, Germany. As part of the investment, a new, automatized hard machining channel will be installed. Combining this with t...
SKF Invests in Roller Manufacturing in China
GOTHENBURG, Sweden, Jan. 16, 2017 /PRNewswire/ -- SKF is investing SEK 70 million in developing roller manufacturing capabilities in Dalian, China. The investment will improve utilisation of the Group's global manufacturing capacity and strengthen SKF's service capabilities inChina. Patrick Tong...
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...
