SKF initiates a separation of its Automotive business
WEB3 days ago · 2024-09-17 12:00:00. Gothenburg, 17 September 2024: The Board of Directors of SKF has decided to initiate a separation of its Automotive business with the objective of a separate listing on Nasdaq Stockholm through a Lex Asea distribution to its shareholders. The intention is to list the Automotive business on …
Newsroom | SKF
WEB2024.06.17. 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.
SKF initiates a separation of its Automotive business
WEB3 days ago · It is the intention to separate SKF's current Automotive business. As a reference for the full-year 2023, net sales for the Automotive segment amounted to SEK 30 billion with an adjusted operating ...
Newsroom | SKF - SKF USA
WEBMar 26, 2024 · On April 22nd, 2022, SKF announced its decision to cease all operations, engagement, and investment in Russia and to divest the Russian business. Therefore, you are redirected to our global SKF website.
Press releases - SKF
WEBJul 18, 2024 · SKF makes strategic acquisition to strengthen its lubrication management capabilities. 2024-07-23 20:00:00. SKF announces changes to Group Management. 2024-07-18 07:00:00.
SKF Year-end report 2023: Strategy execution yielding strong ...
WEBJan 31, 2024 · Rapid execution of our strategy in 2023. Last year, our performance was tested both in a strong demand economy in the first half, as well as in an economic slowdown in the second half. We can conclude that our strategy has helped us to navigate in both types of environments and made us more resilient and competitive.
SKF secures 100% renewable electricity in the U.S. and Canada
WEBJan 30, 2024 · This will enable SKF factories and facilities in the U.S. and Canada to achieve 100% renewable electricity. The first agreement focuses on investing in Green-e certified wind energy.
SKF Nine-month report 2023: Resilient margins and strong cash ...
WEBOct 27, 2023 · Solid performance in a challenging market environment. Net sales increased in the quarter to SEK 25.8 billion (25.0) with organic growth being relatively flat (-0.6%). Volumes turned negative in...
SKF Initiates Separation of Its Automotive Business
WEB3 days ago · Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
SKF Delivers Profits Amid Restructuring Efforts | News ...
WEBFeb 26, 2024 · SKF officials announced fourth quarter net sales of 24,438,000 crowns, a decrease of 1.9% from the fourth quarter of 2023, though the company recorded fourth quarter profits of 2,929,000 crowns, an increase of 12% from the fourth quarter of 2023.