SKF’s Third-Quarter Adjusted Operating Profit Rises to SEK 2.84 Billion

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SKF’s Third-Quarter Adjusted Operating Profit Rises to SEK 2.84 Billion
Photo: Thomas Johansson/TT

Net sales rose to SEK 17.47 billion, up from SEK 16.56 billion.

“We delivered organic growth of 4.3 percent and improved the adjusted operating margin by 0.9 percentage points to 16.3 percent compared with the previous year, supported by strong commercial execution,” SKF CEO Rickard Gustafson says in a comment in the report.

“We are also bringing forward our target of annual savings of SEK 2 billion by six months, to mid-2027,” he adds.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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