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Rickard Gustafson
SKF CEO: Tariffs Impacting Economic Growth and Demand
The bearing manufacturer SKF exceeded profit expectations in the first quarter, despite continued headwinds in sales. What awaits ahead is difficult to determine, according to CEO Rickard Gustafson.
SKF sells aircraft business for 220 million dollars
The industrial giant SKF has decided to sell its aircraft business that "does not belong to the core business" for 220 million dollars, equivalent to 2. 3 billion kronor, the company writes in a press release.
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