02 August 2017

SKF Half-Year Report 2017

Alrik Danielson, President and CEO: “The second quarter saw strong organic growth and an improved operating margin. Sales development was positive in all regions, as underlying industrial activity and investments increased. Net sales, at SEK 20.2 billion, increased organically by 7.5% compared to the second quarter last year, with North America and Asia growing by double-digits, 10% and 12% respectively. Improved sales volumes and factory utilization rates contributed to an adjusted opera

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