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SKF AB (SKFb.ST)

SKFb.ST on Stockholm Stock Exchange

155.00SEK
22 Mar 2019
Change (% chg)

-5.75kr (-3.58%)
Prev Close
160.75kr
Open
161.70kr
Day's High
161.70kr
Day's Low
154.95kr
Volume
2,175,959
Avg. Vol
2,133,569
52-wk High
191.70kr
52-wk Low
127.35kr

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Tue, Jan 29 2019

UPDATE 1-Sweden's SKF reassures on industrial demand, shares rise

* Sees slightly higher demand for industrials business (Adds CEO comment, background, detail, updates shares)

SKF sees unchanged Q1 demand, Q4 earnings match forecasts

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.

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.

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