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AB SKF Company Snapshot
AB Skf is a Sweden-based supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. The Company's services include technical support, maintenance services, condition monitoring, asset efficiency optimization, engineering consultancy and training. The Company's segments include Industrial and Automotive. The Company develops and manufactures a range of products for the industrial market, including bearings, seals, lubrication systems and condition monitoring. It also provides a range of services and solutions around the rotating shaft in the areas of machine health, reliability engineering and remanufacturing. The Company provides a range of products, solutions and services to manufacturers of cars, light and heavy trucks, trailers, buses and two-wheelers. The vehicle aftermarket is served directly, as well as indirectly through a network of distributors and dealers.

Sales Analysis. SKF reported sales of SEK 86.01 billion (US$8.50 billion) for the year ending December of 2019. This represents a very small increase of 0.4% versus 2018, when the company's sales were SEK 85.71 billion. This was the third consecutive year of growth at SKF. Sales of Industrial saw an increase that was more than double the company's growth rate: sales were up 1.7% in 2019, from SEK 60.59 billion to SEK 61.60 billion. Not all segments of SKF experienced an increase in sales in 2019: sales of Automotive fell 2.8% to SEK 24.42 billion.
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  Stock Performance Chart for AB SKF
  Stock Data: Recent Stock Performance:
  Current Price (3/27/2020): 126.80
(Figures in Swedish Kronor)
1 Week 1.7%   13 Weeks -24.5%  
4 Weeks -34.7%   52 Weeks -17.9%  
AB SKF Key Data:
  Ticker: SKF B Country: Sweden
  Exchanges: GVA LON PAR STO OTH ZHR Major Industry: Capital Goods
    Sub Industry: Ball & Roller Bearings
  2019 Sales 86,013,000,000
(Year Ending Jan 2020).
Employees: 43,360
  Currency: Swedish Kronor Market Cap: 57,738,515,422
  Fiscal Yr Ends: December Shares Outstanding: 455,351,068
  Share Type: B Fri Aktie Closely Held Shares: 4,263,862
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