SKF announces the future name of the Automotive business: SKF Vertevo
GOTHENBURG, Sweden, Feb. 26, 2026 /PRNewswire/ -- SKF Vertevo will be the name of SKF's Automotive business as a stand-alone company. This announcement marks a significant milestone in SKF's process to create two strong, focused and independent businesses that can accelerate profitable growth and...
Announcement of change in the total number of votes in AB SKF
GOTHENBURG, Sweden, Jan. 30, 2026 /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 January 2026 there are a total of 455,351,068 shares in AB SKF, out of which 28,918,320 sha...
SKF Q4 2025: Laying the foundation for long-term value creation
GOTHENBURG, Sweden, Jan. 30, 2026 /PRNewswire/ -- Q4 2025 * Net sales: MSEK 21,969 (24,725) * Organic growth: 0.0% (−3.1%), driven by organic sales growth within the Industrial business, offset by negative market demand for the Automotive business. * Adjusted operating profit: MSEK 2,588 (...
SBTi approves SKF's near- and long-term science-based emissions reduction targets
SKF has received validation of its Scope 1, 2 and 3 emissions reduction targets from the Science Based Target initiative (SBTi) GOTHENBURG, Sweden, March 9, 2023 /PRNewswire/ -- The SBTi has verified SKF's net-zero target by 2050, validating both SKF's near and long-term science-based emissions ...
SKF increases regionalization in North America
Greenfield factory investment totaling SEK 700 million will support strategic development in the Americas and meet customer needs as focus on electrification increases GOTHENBURG, Sweden, Feb. 2, 2023 /PRNewswire/ -- SKF is further strengthening its value chain inNorth America. Investments total...
SKF to publish full-year results on 2 February
GOTHENBURG, Sweden, Jan. 23, 2023 /PRNewswire/ -- SKF will publish its full-year results for 2022 on2 February 2023 at approximately 08:00 (CET). Investors, analysts and media are invited to join a webcast, which will be held in English, at 09:00 (CET). To join the webcast, please login at lea...
Nomination committee of AB SKF for the Annual General Meeting 2023
GOTHENBURG, Sweden, Sept. 13, 2022 /PRNewswire/ -- In accordance with a resolution taken at the Annual General Meeting of AB SKF, this is to announce the representatives of the four largest shareholders by number of votes, who, together with the Chairman of the Board, Hans Stråberg, constitute th...
SKF's first quarter results to be published on 26 April
GOTHENBURG, Sweden, April 13, 2022 /PRNewswire/ -- SKF will publish its first quarter results for 2022 on26 April 2022 at approximately 08:00 (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 ...
Notice of Annual General Meeting
GÖTEBORG, Sweden, Feb. 23, 2022 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF will be held on Thursday, 24 March 2022. Due to Covid-19, the Board of Directors has decided that the general meeting should be held without physical presence by inviting t...
SKF Half-year Report 2018
GOTHENBURG, Sweden, July 19, 2018 /PRNewswire/ -- Alrik Danielson, President and CEO: "Our record start to 2018 has continued. Sales grew by 9% organically, to SEK 22.6 billion and our operating profit was SEK 2,925 million – SKF's highest reported quarterly profit to date. Our operating margin,...
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
