AB SKF (publ)

Stockholm Stock Exchange:SKF-B.ST

Location

Market Cap

USD 10.08 B

Share Price

USD 22.14

Avg Daily Volume

1,599,460

Change (1 day)

0.45%

Change (1 year)

10.81%

Change (YTD)

18.09%

AB SKF (publ) Capital Expenditure for the year ending December 31, 2024: USD -458.19 M

AB SKF (publ) Capital Expenditure is USD -458.19 M for the year ending December 31, 2024, a -19.41% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).
  • AB SKF (publ) Capital Expenditure for the year ending December 31, 2023 was USD -568.51 M, a 14.20% change year over year.
  • AB SKF (publ) Capital Expenditure for the year ending December 31, 2022 was USD -497.84 M, a 16.24% change year over year.
  • AB SKF (publ) Capital Expenditure for the year ending December 31, 2021 was USD -428.29 M, a 4.83% change year over year.
  • AB SKF (publ) Capital Expenditure for the year ending December 31, 2020 was USD -408.57 M, a 3.75% change year over year.
Key data
Date Capital Expenditure Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities Depreciation And Amortization
Market news
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Stockholm Stock Exchange: SKF-B.ST

AB SKF (publ)

CEO Mr. Rickard Gustafson
IPO Date Jan. 3, 2000
Location Sweden
Headquarters Sven Wingquists Gata 2
Employees 38,426
Sector 🏭 Industrials
Industries
Description

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products. It also provides various services, including application engineering, asset management, condition-based maintenance, mechanical maintenance, remanufacturing and customization, and training solutions. The company offers its solutions for various industries, including aerospace, agriculture, cars and light trucks, construction, food and beverage, general machinery, machine tools, marine, material handling, metals, mining, mineral processing and cement, ocean energy, oil and gas, pulp and paper, railways, trucks, trailers, buses, two and three wheelers, and wind energy. AB SKF (publ) was founded in 1907 and is headquartered in Gothenburg, Sweden.

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