Q3 report 2024

SKF published its Q3 report 2024 on
30 October at 07:00 CET.

Report
Presentation
Webcast

Separation of Automotive business initiated

SKF’s Board has decided to initiate a separation of the Automotive business with the objective of a separate listing on Nasdaq Stockholm during H1 2026.

Press release

Webcast

Presentation

More information

Press releases

Announcement of change in the total number of votes in AB SKF
SKF secures EUR 430 million financing for R&D of sustainable technologies
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Key figures 2023

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103881

Net sales, MSEK

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12977

Adjusted operating profit, MSEK

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12.5

Adjusted operating margin, %

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13783

Net cash flow from operating activities, MSEK

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14.04

Basic earnings per share, SEK

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Q3 2024
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In a growing but rapidly changing market, driven by globalization and digitalization of the value chain, SKF is adapting its offering and business model to grow its market share. This will give SKF a strong platform for profitable and sustainable growth.

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SKF’s business and strategy is based on a deep understanding of the trends and drivers that impact, or have the potential to impact, all markets, regions and industries in which the Group operates.