OTC:SKFRY

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Nov. 30, 2024 /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 29 November 2024 there are a total of 455,351,068 number of shares in AB SKF, out of which 29,...

2024-11-30 02:13 2157

SKF confirms dates for CFO transition

GOTHENBURG, Sweden, Nov. 20, 2024 /PRNewswire/ -- As previously announced, Susanne Larsson will join SKF as the new Chief Financial Officer and Senior Vice President, Group Finance, succeeding Niclas Rosenlew. It is now confirmed that she will start on17 February 2025. Niclas will work his last ...

2024-11-20 01:53 1329

SKF interim report Q3 2024: Solid margin and strong cash flow in weak markets

GOTHENBURG, Sweden, Oct. 30, 2024 /PRNewswire/ -- Q3 2024 Net sales: SEK 23,692 million (25,771) Organic growth: −4.4% (−0.6%), driven by lower market demand across most regions and industries. Adjusted operating profit: SEK 2,821 million (2,956). Continued strong price/mix contribution, driven b...

2024-10-30 14:35 1741

SKF divests non-core aerospace operation for USD 220 million

GOTHENBURG, Sweden, Oct. 30, 2024 /PRNewswire/ -- SKF is committed to creating a more focused and resilient company to serve its customers even better and accelerate profitable growth. As part of the decision from the Group's strategic review of its aerospace business, communicated on27 October 2...

2024-10-30 03:05 1224

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Sept. 30, 2024 /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 September 2024, there are a total of 455,351,068 shares in AB SKF, out of which 29,235,93...

2024-09-30 14:36 1023

SKF announces changes to Group Management

GOTHENBURG, Sweden, July 23, 2024 /PRNewswire/ -- Niclas Rosenlew, Senior Vice President and CFO of SKF Group has decided to leave the company and will continue his career outside SKF. Niclas will remain in his current position at SKF untilJanuary 2025. "On behalf of SKF I would like to thank Ni...

2024-07-24 02:31 3328

SKF Half-year report to be published on 18 July

GOTHENBURG, Sweden, July 8, 2024 /PRNewswire/ -- SKF will publish its Half-year results for 2024 on 18 July at approximately 07:00 (CEST). Investors, analysts, and media are invited to join a webcast, which will be held in English, at 08:00 (CEST). To join the webcast, please login at least 10 m...

2024-07-08 14:24 1414

SKF to showcase new solutions with significant customer value at its first-ever Tech & Innovation Summit

SKF strengthens its innovation commitment with new intelligent and clean solutions to help industrial customers achieve their business needs and pursue their sustainability goals. GOTHENBURG, Sweden, June 17, 2024 /PRNewswire/ -- SKF is presenting its technologically innovative solutions tailore...

2024-06-17 19:22 1471

SKF to showcase new solutions with significant customer value at its first-ever Tech & Innovation Summit

SKF strengthens its innovation commitment with new intelligent and clean solutions to help industrial customers achieve their business needs and pursue their sustainability goals. GOTHENBURG, Sweden, June 17, 2024 /PRNewswire/ -- SKF is presenting its technologically innovative solutions tailore...

2024-06-17 18:21 1389

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, May 31, 2024 /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 May 2024, the Company's share capital amounts to SEK 1,138,377,670 and the total number of s...

2024-05-31 14:45 1556

Annual General Meeting of AB SKF

GOTHENBURG, Sweden, March 27, 2024 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF was held on Tuesday,26 March 2024. The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of dividend. A dividend ofSEK 7.50 per share was app...

2024-03-27 01:22 1270

Changes in Group Management to continue to drive profitable growth in the ISEA region

GOTHENBURG, Sweden, March 20, 2024 /PRNewswire/ -- SKF announces the appointment ofMukund Vasudevan as President, Industrial Region India and Southeast Asia (ISEA). In his role, Mukund will be responsible for continuing SKF's strategic transformation and profitable growth journey in the expansive...

2024-03-20 14:19 1861

Notice of Annual General Meeting

GOTHENBURG, Sweden, Feb. 20, 2024 /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, 26 March 2024. The doors are open from 13.00. Light refreshments...

2024-02-20 15:51 1599

Changes in Group Management to accelerate strategic transformation and profitable growth

GOTHENBURG, Sweden, Feb. 6, 2024 /PRNewswire/ -- As a consequence of SKF accelerating its strategic transformation to drive profitable growth, the leadership in two of the industrial regions, Americas andIndia and Southeast Asia, will change with immediate effect. "In times of transformation, ad...

2024-02-06 22:52 1680

SKF secures 100% renewable electricity in the U.S. and Canada

GOTHENBURG, Sweden, Jan. 30, 2024 /PRNewswire/ -- SKF has reached a significant sustainability milestone by entering two Renewable Energy Certificate (REC) purchase agreements inNorth America. This will enable SKF factories and facilities in the U.S. andCanada to achieve 100% renewable electricit...

2024-01-30 23:32 1747

Nomination Committee's proposal for Board of Directors of AB SKF

GOTHENBURG, Sweden, Jan. 23, 2024 /PRNewswire/ -- SKF's Nomination Committee proposes re-election of the board members Hans Stråberg, Hock Goh,Geert Follens , Håkan Buskhe,Susanna Schneeberger, Rickard Gustafson, Beth Ferreira, Therese Friberg, Richard Nilsson and Niko Pakalén. Hans Stråberg is p...

2024-01-23 16:03 1456

SKF to publish full-year results on 31 January

GOTHENBURG, Sweden, Jan. 17, 2024 /PRNewswire/ -- SKF will publish its full-year results for 2023 on31 January 2024 at approximately 07:00 (CET). Investors, analysts and media are invited to join a webcast, which will be held in English, at 08:00 (CET).   To join the webcast, please login at lea...

2024-01-17 16:08 1652

SKF increases localization rate in the Americas and Asia; closes factory in Busan, Korea

GOTHENBURG, Sweden, Dec. 1, 2023 /PRNewswire/ -- SKF today announces a transfer of the supply of products from the factory inBusan, Korea, to China, India and Mexico. This is another step in the continuous execution of the Group's strategy, where regionalization is an important part. Consequently...

2023-12-01 15:16 1716

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Nov. 30, 2023 /PRNewswire/ -- Due to conversions 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 November 2023, the Company's share capital amounts to SEK 1,138,377,670 and the total number...

2023-11-30 16:35 3759

SKF strengthens magnetic bearings offer by acquiring fibre composite company

GOTHENBURG, Sweden, Nov. 8, 2023 /PRNewswire/ -- SKF has signed an agreement to acquire 2C Composites, a German high-performance fibre composite supplier. Through the acquisition, SKF will secure the supply of a leading and unique technology of composite layers which will strengthen the Group's m...

2023-11-08 15:42 3250
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