Where can I find information about SKF's Annual General Meeting?
Information about the AGM is found under Corporate Governance, Annual General Meetings.
What are the long-term targets for the SKF Group?
SKF's long-term targets were updated on 4 November 2020 and are to be achieved over a business cycle.
- Operating margin* 14%
- Revenue growth** 5%
- Net debt***/equity <40%
- ROCE* 16%
- Dividend payout ratio 50%
- Decarbonized operations by 2030
* Adjusted for items affecting comparability
** Including acquisitions, adjusted for divestments
*** Excluding pension liabilities
What is SKF's dividend policy?
SKF's dividend and distribution policy is based on the principle that the total dividend should be adapted to the trend for earnings and cash flow, while taking into account the Group's development potential and financial position. The Board of Directors' view is that the ordinary dividend should amount to around 50% of SKF's average net profit calculated over a business cycle.
What is the difference between the SKF A- and B-shares?
The difference is in voting rights. An A-share represents one vote at the Annual General meeting, while a B-share represents 1/10 of a vote.
Who is the largest shareholder in SKF?
SKF's largest owner is FAM AB, a privately owned holding company. For a list of the ten largest shareholders, visit the page Shareholders