Worse than expected for SKF
Photo: Erik Svensson Scanpix/TT

Worse than expected for SKF

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Bearing manufacturer SKF reports an adjusted operating result of 3.3 billion kronor for the second quarter of the year. This can be compared to the profit of 3.6 billion kronor for the same period last year.

Revenue fell to 25.6 billion, compared to 27.1 billion kronor a year earlier.

Both profit and revenue ended up lower than the average forecast, according to Bloomberg.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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