SKF commits to a sovereign AI future through strategic partnership with Sferical AI
GOTHENBURG, Sweden, April 30, 2026 /PRNewswire/ -- SKF commits to joining Sferical AI – a company co-founded by AstraZeneca, Ericsson, Saab, SEB and Wallenberg Investments – as a strategic compute partner. By securing dedicated capacity on one of Sweden's most powerful sovereign AI supercomputers...
Annual general meeting of AB SKF
GOTHENBURG, Sweden, April 21, 2026 /PRNewswire/ -- The annual general meeting of Aktiebolaget SKF was held on Tuesday 21 April 2026. The income statement and balance sheet and the consolidated income statement and consolidated balance sheet were adopted. A dividend of SEK 7.75 per share to be pa...
SKF Q1 2026: Strong margin despite volatile market conditions
GOTHENBURG, Sweden, April 21, 2026 /PRNewswire/ -- Q1 2026 * Net sales: MSEK 21,873 (23,966). * Organic growth: 2.4% (−3.5%), driven by organic sales growth within the Industrial segments, offset by negative market demand for the Automotive business. * Adjusted operating profit: MSEK 2,951...
SKF to publish Q1 report on 21 April
GOTHENBURG, Sweden, April 13, 2026 /PRNewswire/ -- SKF will publish its Q1 results for 2026 on 21 April at approximately 07:30 (CEST). Investors, analysts and media are invited to join an audio webcast, which will be held in English, at 08:30 (CEST). Please note that the start time differs from ...
SKF consolidates its manufacturing footprint in Americas to strengthen operations
GOTHENBURG, Sweden, April 8, 2026 /PRNewswire/ -- As part of the ongoing separation of its Automotive business, SKF is consolidating its manufacturing footprint in Americas to strengthen the long-term efficiency and competitiveness. The factory in Monterrey, Mexico, will become redundant and man...
Notice of Annual General Meeting
GOTHENBURG, Sweden, March 18, 2026 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of AB SKF will be held 14.00 on Tuesday 21 April 2026 at Elite Park Avenue Hotel, Kungsportsavenyn 36–38, Gothenburg, Sweden. The doors are open from 13.00. Light refreshments will be served ...
SKF announces new business segments and releases restated figures
GOTHENBURG, Sweden, March 16, 2026 /PRNewswire/ -- SKF today announces the introduction of a new segment reporting structure, effective from Q1 2026. The purpose of these changes is to reflect the Group's strategic focus and to provide increased transparency ahead of the planned separation of the...
SKF makes acquisition to strengthen its Condition Monitoring portfolio
GOTHENBURG, Sweden, March 9, 2026 /PRNewswire/ -- SKF has signed an agreement to acquire G-Tech Instruments Inc., a leading specialist within condition monitoring and measuring instruments technology. The acquisition is a key step for SKF in leveraging digitally enabled reliability solutions to s...
SKF publishes Annual and Sustainability Report 2025
GOTHENBURG, Sweden, March 6, 2026 /PRNewswire/ -- AB SKF's Annual and Sustainability Report 2025 has today been published on the Group's website. The report provides insights into SKF's value creation activities for customers, shareholders and other stakeholders through continued resilient financ...
SKF completes previously announced divestment of non-core aerospace operation in Elgin, USA
GOTHENBURG, Sweden, Jan. 31, 2026 /PRNewswire/ -- SKF has completed the previously announced divestment of its precision elastomeric device (PED) operation in Elgin, Illinois, USA. The divestment is part of SKF's strategic focus on its core aerospace areas and exit of non-core business lines. El...
SKF to publish Q4 report on 30 January
GOTHENBURG, Sweden, Jan. 13, 2026 /PRNewswire/ -- SKF will publish its Q4 results for 2025 on 30 January at approximately 07:30 (CET). Investors, analysts and media are invited to join an audio webcast, which will be held in English, at 09:00 (CET). To join the webcast, please login at least 10 ...
SKF achieves prestigious CDP 'A' Score for Environmental Leadership
GOTHENBURG, Sweden, Dec. 22, 2025 /PRNewswire/ -- For the third consecutive year SKF has earned an 'A' score in the category Climate Change from CDP, the global non-profit leading environmental disclosure. In 2025 nearly 20,000 companies were scored through CDP's platform. Achieving the top scor...
After COP30 - SKF brings industry together to accelerate sustainable transformation
GOTHENBURG, Sweden, Nov. 26, 2025 /PRNewswire/ -- Following a successful participation at the UN Climate ConferenceCOP30 in Belém, Brazil, where SKF's circular technologies and remanufacturing solutions were recognized as winners of SBCOP's Best Cases, SKF is now taking the next step to accelerat...
SKF hosts Capital Markets Day; announces updated strategy and new financial targets
GOTHENBURG, Sweden, Nov. 11, 2025 /PRNewswire/ -- SKF is hosting its Capital Markets Day inStockholm today. At the event, deeper insights are provided into the strategic direction of both the Industrial and the Automotive businesses post the planned separation of Automotive from SKF Group. Given ...
SKF presents a novel bearing steel designed to enable the next generation of aeroengine technology
GOTHENBURG, Sweden, Nov. 6, 2025 /PRNewswire/ -- SKF continues to re-imagine intelligent and clean rotation with the development of an innovative temperature-resistant, corrosion-tolerant steel for aeroengine bearings called ARCTIC15. With the Aerospace industry striving to reach net zero emissi...
SKF Q3 2025: Improved margin in challenging market conditions
GOTHENBURG, Sweden, Oct. 29, 2025 /PRNewswire/ -- Q3 2025 * Net sales: MSEK 22,482 (23,692) * Organic growth: 2.0% (−4.4%), driven by organic sales growth for the Industrial business, partly offset by negative market demand for the Automotive business. * Adjusted operating profit: MSEK 2,...
SKF reorganizes its operations in Argentina by discontinuing production at Tortuguitas plant
GOTHENBURG, Sweden, Oct. 27, 2025 /PRNewswire/ -- SKF continues to adapt its manufacturing operations to concentrate production in facilities with higher levels of technology, innovation, and scale. As part of this strategy aimed at optimizing its operations worldwide, SKF today announces the dec...
SKF launches SKF Ventures to accelerate innovation and unlock future growth opportunities
GOTHENBURG, Sweden, Oct. 23, 2025 /PRNewswire/ -- SKF announces the launch of SKF Ventures, a new initiative aimed at accelerating innovation, exploring emerging technologies, and developing future-oriented industrial solutions. The initiative supports SKF's strategic direction and reinforces its...
SKF at COP30: The world can't afford friction - it's time to scale what works
GOTHENBURG, Sweden, Oct. 20, 2025 /PRNewswire/ -- SKF will be attending COP30, held in Belém,Brazil in November 2025, to drive systemic change and progress through collaboration. A resilient industry demands open, systematic collaboration. SKF sees friction every day, in mindsets, metrics, and b...
SKF to publish Q3 report on 29 October
GOTHENBURG, Sweden, Oct. 10, 2025 /PRNewswire/ -- SKF will publish its Q3 results for 2025 on 29 October at approximately 07:30 (CET). Investors, analysts and media are invited to join an audio webcast, which will be held in English, at 09:00 (CET). To join the webcast, please login at least 10 ...
