SKF completes previously announced divestment of its ring and seal operation in Hanover, USA

SKF completes previously announced divestment of its ring and seal operation in Hanover, USA

GOTHENBURG, Sweden, April 14, 2025 /PRNewswire/ -- SKF has completed the previously announced divestment of its ring and seal operation in Hanover, Pennsylvania, USA, to Carco PRP Group for a total enterprise value of USD 215 million, corresponding...

SKF to publish Q1 report on 25 April

SKF to publish Q1 report on 25 April

GOTHENBURG, Sweden, April 10, 2025 /PRNewswire/ -- SKF will publish its Q1 results for 2025 on 25 April at approximately 07:30 (CEST). Investors, analysts and media are invited to join a webcast, which will be held in English, at 09:00 (CEST). To...

Minesto's unique ocean energy technology at the centre of global branding campaign together with SKF

Minesto's unique ocean energy technology at the centre of global branding campaign together with SKF

GOTHENBURG, Sweden, March 27, 2025 /PRNewswire/ -- Minesto, leading developer of ocean energy is selected by renowned bearing manufacturer SKF to be part of a large-scale international marketing brand campaign. The campaign "The Faroe Islands Space...

A space program that never leaves Earth

A space program that never leaves Earth

GOTHENBURG, Sweden, March 27, 2025 /PRNewswire/ -- While others race to the moon and back, the Faroe Islands space program takes a bold new step in space exploration-without ever leaving Earth. One of the largest bearing manufacturers SKF, and ocean...

SKF launches updated brand to increase stakeholder value

SKF launches updated brand to increase stakeholder value

GOTHENBURG, Sweden, March 5, 2025 /PRNewswire/ -- For over 100 years, SKF is recognized as a leader in products and solutions that reduce friction. Now, the company is stepping up its efforts, not just reducing friction but actively fighting it to...

SKF: Notice of Annual General Meeting

SKF: Notice of Annual General Meeting

GOTHENBURG, Sweden, Feb. 27, 2025 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF will be held at Radisson Blu Scandinavia Hotel, Södra Hamngatan 59, Gothenburg, Sweden, at 14.00 on Tuesday, 1 April 2025....

SKF continues the preparations for the separation of its Automotive business; initiates consent solicitation

SKF continues the preparations for the separation of its Automotive business; initiates consent solicitation

GOTHENBURG, Sweden, Feb. 7, 2025 /PRNewswire/ -- In September 2024, SKF announced the decision to initiate a separation of its Automotive business with the objective of a separate listing on Nasdaq Stockholm through a Lex Asea distribution to its...

SKF Year-end report Q4 2024: Strong execution supporting margin resilience

SKF Year-end report Q4 2024: Strong execution supporting margin resilience

GOTHENBURG, Sweden, Jan. 31, 2025 /PRNewswire/ -- Q4 2024 Net sales: SEK 24,725 million (24,438) Organic growth: −3.1% (−1.9%), driven by lower market demand mainly in Europe and China, while Americas and India & Southeast Asia are showing...

SKF to publish Q4 report on 31 January

SKF to publish Q4 report on 31 January

GOTHENBURG, Sweden, Jan. 16, 2025 /PRNewswire/ -- SKF will publish its Q4 results for 2024 on 31 January at approximately 07:00 (CET). Investors, analysts and media are invited to join a webcast, which will be held in English, at 08:00 (CET). To...

SKF empowers customers with AI enabled tool for addressing technical queries

SKF empowers customers with AI enabled tool for addressing technical queries

GOTHENBURG, Sweden, Dec. 19, 2024 /PRNewswire/ -- SKF has launched a generative artificial intelligence (Gen AI) enabled tool named SKF Product assistant to assist customers with accessing the right technical information more efficiently. Available...

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