SKF commits to a sovereign AI future through strategic partnership with Sferical AI
GOTHENBURG, Sweden, April 30, 2026 /PRNewswire/ -- SKF commits to joining Sferical AI – a company co-founded by AstraZeneca, Ericsson, Saab, SEB and Wallenberg Investments – as a strategic compute partner. By securing dedicated capacity on one of...
SKF Q1 2026: Strong margin despite volatile market conditions
GOTHENBURG, Sweden, April 21, 2026 /PRNewswire/ -- Q1 2026 Net sales: MSEK 21,873 (23,966). Organic growth: 2.4% (−3.5%), driven by organic sales growth within the Industrial segments, offset by negative market demand for the Automotive business....
SKF to publish Q1 report on 21 April
GOTHENBURG, Sweden, April 13, 2026 /PRNewswire/ -- SKF will publish its Q1 results for 2026 on 21 April at approximately 07:30 (CEST). Investors, analysts and media are invited to join an audio webcast, which will be held in English, at 08:30...
SKF consolidates its manufacturing footprint in Americas to strengthen operations
GOTHENBURG, Sweden, April 8, 2026 /PRNewswire/ -- As part of the ongoing separation of its Automotive business, SKF is consolidating its manufacturing footprint in Americas to strengthen the long-term efficiency and competitiveness. The factory in...
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)....