SKF announces new business segments and releases restated figures
GOTHENBURG, Sweden, March 16, 2026 /PRNewswire/ -- SKF today announces the introduction of a new segment reporting structure, effective from Q1 2026. The purpose of these changes is to reflect the Group's strategic focus and to provide increased...
SKF makes acquisition to strengthen its Condition Monitoring portfolio
GOTHENBURG, Sweden, March 9, 2026 /PRNewswire/ -- SKF has signed an agreement to acquire G-Tech Instruments Inc., a leading specialist within condition monitoring and measuring instruments technology. The acquisition is a key step for SKF in...
SKF announces the future name of the Automotive business: SKF Vertevo
GOTHENBURG, Sweden, Feb. 26, 2026 /PRNewswire/ -- SKF Vertevo will be the name of SKF's Automotive business as a stand-alone company. This announcement marks a significant milestone in SKF's process to create two strong, focused and independent...
SKF completes previously announced divestment of non-core aerospace operation in Elgin, USA
GOTHENBURG, Sweden, Jan. 31, 2026 /PRNewswire/ -- SKF has completed the previously announced divestment of its precision elastomeric device (PED) operation in Elgin, Illinois, USA. The divestment is part of SKF's strategic focus on its core...
SKF Q4 2025: Laying the foundation for long-term value creation
GOTHENBURG, Sweden, Jan. 30, 2026 /PRNewswire/ -- Q4 2025 Net sales: MSEK 21,969 (24,725) Organic growth: 0.0% (−3.1%), driven by organic sales growth within the Industrial business, offset by negative market demand for the Automotive business....
SKF to publish Q4 report on 30 January
GOTHENBURG, Sweden, Jan. 13, 2026 /PRNewswire/ -- SKF will publish its Q4 results for 2025 on 30 January at approximately 07:30 (CET). Investors, analysts and media are invited to join an audio webcast, which will be held in English, at 09:00 (CET)....
SKF achieves prestigious CDP 'A' Score for Environmental Leadership
GOTHENBURG, Sweden, Dec. 22, 2025 /PRNewswire/ -- For the third consecutive year SKF has earned an 'A' score in the category Climate Change from CDP, the global non-profit leading environmental disclosure. In 2025 nearly 20,000 companies were scored...
SKF advances sustainability goals by announcing six new decarbonized factories
GOTHENBURG, Sweden, Dec. 18, 2025 /PRNewswire/ -- Six additional factories across SKF's global manufacturing footprint have achieved decarbonized status, marking a significant step towards the Group's target to reach decarbonized operations by 2030....
After COP30 - SKF brings industry together to accelerate sustainable transformation
GOTHENBURG, Sweden, Nov. 26, 2025 /PRNewswire/ -- Following a successful participation at the UN Climate Conference COP30 in Belem, Brazil, where SKF's circular technologies and remanufacturing solutions were recognized as winners of SBCOP's Best...
SKF presents scalable clean technologies and circular solutions at COP30; wins SBCOP's Best Cases
SKF makes remanufacturing work globally - Winner of SBCOP's Best Cases GOTHENBURG, Sweden, Nov. 10, 2025 /PRNewswire/ -- At COP30 in Belem, Brazil, SKF will showcase scalable clean technologies and circular solutions to accelerate industrial...