AB SKF (SKFRY.PK)
LONDON, April 27 European shares retreated from 20-month highs on Thursday with financials and commodity-related stocks the main drag on the benchmark index.
GOTHENBURG, Sweden, April 6 Sweden's SKF, the world's largest maker of industrial bearings, said on Thursday it was not changing its demand forecast for the first quarter, despite some investor expectations of an update with the quarter now gone.
STOCKHOLM Sweden's SKF, the world's largest maker of industrial bearings, said it expected demand to remain at the current level in the near term after posting a fourth quarter core profit in line with market forecasts, sending shares lower.
* Says demand rose gradually through Q4 (Adds background, detail, CEO comment, shares)