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: ...
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...
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...
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
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...
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...
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 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...
