Nomination Committee of AB SKF for the Annual General Meeting 2026
GOTHENBURG, Sweden, Sept. 9, 2025 /PRNewswire/ -- In accordance with the Nomination Committee Charter adopted at the Annual General Meeting, the members who, together with the Chair of the Board, constitute the Nomination Committee in preparation of the Annual General Meeting 2026 have been elect...
SKF to showcase scalable, customer-focused innovations at 2025 Tech and Innovation Summit
GOTHENBURG, Sweden, Sept. 8, 2025 /PRNewswire/ -- At this year's Tech and Innovation Summit, SKF will introduce a broad range of new products and technologies designed to help industrial customers reduce downtime, improve reliability and performance, and make better use of data. The virtual event...
SKF's Capital Markets Day to be held on 11 November 2025
GOTHENBURG, Sweden, Aug. 28, 2025 /PRNewswire/ -- SKF welcomes institutional investors, analysts and financial media to the Group's Capital Markets Day on 11 November. During the event, participants will have the opportunity to gain deeper insights into the strategic direction of both the Industr...
SKF's new brand identity recognized with two awards in prestigious design competition
GOTHENBURG, Sweden, Aug. 21, 2025 /PRNewswire/ -- During the spring, SKF, together with the design agency NORD ID at NORD DDB, launched an updated brand identity. That update has now earned a rare double win in the internationally renowned Red Dot Design Award. "Red Dot is an international mark o...
SKF divests non-core aerospace operation in Elgin, USA
GOTHENBURG, Sweden, Aug. 18, 2025 /PRNewswire/ -- As part of SKF's strategic focus on its core aerospace areas and exit of non-strategic business lines, the Group has signed an agreement to divest its precision elastomeric device (PED) operation inElgin, Illinois, USA. Additionally, with the comp...
SKF Q2 2025: Another quarter of margin resilience
GOTHENBURG, Sweden, July 18, 2025 /PRNewswire/ -- Q2 2025 * Net sales: MSEK 23,166 (25,606) * Organic growth: −0.2% (−6.6%), driven by lower market demand within the Automotive market while the Industrial segment reported organic sales growth. * Adjusted operating profit: MSEK 3,090 (3,324)...
Former Chelsea FC and Swedish national team goalkeeper, player Zećira Mušović, teams up with SKF to celebrate a week of football
SKF teams up with world renowned football player Zećira Mušović, Swedish national team goalie, recently returned from Chelsea FC and signed by Malmö FF. She will join SKF during Gothia Cup this summer. GOTHENBURG, Sweden, July 11, 2025 /PRNewswire/ -- SKF has been fighting friction since 1907. ...
Former Chelsea FC and Swedish national team goalkeeper, Zećira Mušović, teams up with SKF to celebrate a week of football
SKF teams up with world renowned football player Zećira Mušović, Swedish national team goalie, recently returned from Chelsea FC, and signed by Malmö FF. She will join SKF during Gothia Cup this summer. GOTHENBURG, Sweden, July 11, 2025 /PRNewswire/ -- SKF has been fighting friction since 1907....
SKF to publish Q2 report on 18 July
GOTHENBURG, Sweden, July 9, 2025 /PRNewswire/ -- SKF will publish its Q2 results for 2025 on 18 July at approximately 07:30 (CEST). Investors, analysts and media are invited to join an audio webcast, which will be held in English, at 09:00 (CEST). To join the webcast, please login at least 10 mi...
Announcement of change in the total number of votes in AB SKF
GOTHENBURG, Sweden, May 30, 2025 /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 30 May 2025 there are a total of 455,351,068 shares in AB SKF, out of which 28,930,824 shares a...
SKF inaugurates magnetic bearing factory in Morocco to meet increased demand
GOTHENBURG, Sweden, May 20, 2025 /PRNewswire/ -- SKF has inaugurated its new factory in Tangier, Morocco, which initially will employ around 60 people. The factory will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these...
SKF Q1 2025: Strong margin in turbulent markets
GOTHENBURG, Sweden, April 25, 2025 /PRNewswire/ -- Q1 2025 * Net sales: MSEK 23,966 (24,699) * Organic growth: −3.5% (−7.0%), driven by lower market demand across regions and industries, except for aerospace showing continuous growth. * Adjusted operating profit: MSEK 3,233 (3,3...
SKF completes previously announced divestment of its ring and seal operation in Hanover, USA
GOTHENBURG, Sweden, April 14, 2025 /PRNewswire/ -- SKF has completed the previously announced divestment of its ring and seal operation inHanover, Pennsylvania, USA, to Carco PRP Group for a total enterprise value of USD 215 million, corresponding to approximately SEK 2.1 billion. The divestment ...
SKF to publish Q1 report on 25 April
GOTHENBURG, Sweden, April 10, 2025 /PRNewswire/ -- SKF will publish its Q1 results for 2025 on 25 April at approximately 07:30 (CEST). Investors, analysts and media are invited to join a webcast, which will be held in English, at 09:00 (CEST). To join the webcast, please login at least 10 minute...
Annual General Meeting of AB SKF
GOTHENBURG, Sweden, April 1, 2025 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF was held on Tuesday,1 April 2025. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of dividend. A dividend ofSEK 7.75 per share was appro...
Announcement of change in the total number of votes in AB SKF
GOTHENBURG, Sweden, March 31, 2025 /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 31 March 2025 there are a total of 455,351,068 shares in AB SKF, out of which 28,930,844 shar...
A space program that never leaves Earth
GOTHENBURG, Sweden, March 27, 2025 /PRNewswire/ -- While others race to the moon and back, theFaroe Islands space program takes a bold new step in space exploration-without ever leaving Earth. One of the largest bearing manufacturers SKF, and ocean energy developer Minesto are launching a space ...
SKF Annual Report 2024 published online; significant decarbonization milestone reached
GOTHENBURG, Sweden, March 7, 2025 /PRNewswire/ -- AB SKF has today published its Annual and Sustainability Report 2024 on the Group's website. The Report focuses on SKF's value creation activities for customers, shareholders, and other stakeholders by outlining the Group's strategic transformatio...
SKF launches updated brand to increase stakeholder value
GOTHENBURG, Sweden, March 5, 2025 /PRNewswire/ -- For over 100 years, SKF is recognized as a leader in products and solutions that reduce friction. Now, the company is stepping up its efforts, not just reducing friction but actively fighting it to move the world forward. The aim is to make indust...
SKF: Notice of Annual General Meeting
GOTHENBURG, Sweden, Feb. 27, 2025 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF will be held at Radisson Blu Scandinavia Hotel, Södra Hamngatan 59,Gothenburg, Sweden, at 14.00 on Tuesday, 1 April 2025. The doors are open from 13.00. Light refreshments ...
