AB Skf (SKFb.ST)
17 May 2019
Tue, Apr 30 2019
* IT experience in focus as SKF digitises, automates operations
STOCKHOLM, April 30 Sweden's SKF named Niclas Rosenlew as chief financial officer on Tuesday, as the industrial ball bearings maker announced that its current finance head Christian Johansson was leaving immediately to pursue an external opportunity.
STOCKHOLM, April 25 Sweden's SKF reported forecast-beating first quarter operating earnings boosted by strong results in its main industrial business, showing its ability to handle slowing demand ahead.
STOCKHOLM, April 25 Sweden's SKF, the world's largest maker of industrial bearings, reported quarterly operating earnings ahead of market expectations on Thursday but forecast slightly lower demand in the second quarter versus the year-ago period.
* Sees slightly higher demand for industrials business (Adds CEO comment, background, detail, updates shares)
STOCKHOLM, Jan 29 SKF, the world's largest maker of industrial bearings, reported stronger than expected quarterly sales growth and an in-line operating profit on Tuesday while forecasting roughly unchanged demand for the group in the first quarter.
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.
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.