AB SKF (publ)

Stockholm Stock Exchange SKF-B.ST

AB SKF (publ) Net Income for the year ending December 31, 2023: USD 631.19 M

AB SKF (publ) Net Income is USD 631.19 M for the year ending December 31, 2023, a 47.89% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • AB SKF (publ) Net Income for the year ending December 31, 2022 was USD 426.79 M, a -47.12% change year over year.
  • AB SKF (publ) Net Income for the year ending December 31, 2021 was USD 807.14 M, a 54.95% change year over year.
  • AB SKF (publ) Net Income for the year ending December 31, 2020 was USD 520.92 M, a -11.90% change year over year.
  • AB SKF (publ) Net Income for the year ending December 31, 2019 was USD 591.26 M, a -27.86% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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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 39,198
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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StockViz Staff

January 15, 2025

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