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AB SKF (SKFb.ST)

SKFb.ST on Stockholm Stock Exchange

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Fri, Nov 30 2018

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SKF settles last carmaker lawsuit over ball bearings cartel

STOCKHOLM SKF has reached a settlement with Daimler over the Swedish engineering group's alleged participation in a ball bearings cartel, drawing a line under its disputes with automakers over this issue.

Sweden's SKF to invest $17 mln in automation

STOCKHOLM, Nov 29 Sweden's SKF, the world's largest maker of industrial bearings, is investing 150 million Swedish crowns ($17 million) to increase competitiveness by automating some manufacturing, it said on Thursday.

RPT-SKF to increase cost focus against an uncertain macro backdrop

STOCKHOLM, Nov 14 Swedish industrial bearings maker SKF needs to increase its focus on cost-cutting to stay "ahead of the curve" in an uncertain macroeconomic environment, Chief Executive Alrik Danielson told Reuters in an interview on Wednesday.

SKF to increase cost focus against an uncertain macro backdrop

STOCKHOLM Swedish industrial bearings maker SKF needs to increase its focus on cost-cutting to stay "ahead of the curve" in an uncertain macroeconomic environment, Chief Executive Alrik Danielson told Reuters in an interview on Wednesday.

SKF to increase cost focus against an uncertain macro backdrop

STOCKHOLM, Nov 14 Swedish industrial bearings maker SKF needs to increase its focus on cost-cutting to stay "ahead of the curve" in an uncertain macroeconomic environment, Chief Executive Alrik Danielson told Reuters in an interview on Wednesday.

UPDATE 1-Sweden's SKF upbeat on demand in face of slowdown fears

STOCKHOLM, Oct 25 Sweden's SKF, the world's largest maker of industrial bearings, grew sales faster than expected in the third quarter and forecast slightly higher demand in the final months of 2018, giving its shares a brief boost in a jittery stock market.

SKF Q4 demand outlook lifts pummelled shares

STOCKHOLM, Oct 25 Sweden's SKF, the world's largest maker of industrial bearings, reported quarterly operating earnings in line with market expectations on Thursday and forecast slightly higher year-on-year demand in the final months of 2018, sending its shares higher.

SKF divests linear and actuation unit in $314 million deal with Triton

STOCKHOLM Sweden's SKF , the world's biggest maker of industrial bearings, on Tuesday said it had agreed to divest its linear and actuation technology business to investment firm Triton for 2.75 billion crowns ($314 million).

SKF divests linear and actuation unit in $314 mln deal with Triton

STOCKHOLM, July 30 Sweden's SKF, the world's biggest maker of industrial bearings, on Tuesday said it had agreed to divest its linear and actuation technology business to investment firm Triton for 2.75 billion crowns ($314 million).

UPDATE 1-Bearings maker SKF profit tops forecast, sees strong demand

* Shares rise 5 percent (Adds background, detail, CEO comment, shares)

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