Company AB SKF

Equities

SKF B

SE0000108227

Industrial Machinery & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for AB SKF

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Industrial Machinery & Equipment

Real-time Estimate Cboe Europe Other stock markets 05:04:28 2024-06-10 am EDT			5-day change	1st Jan Change
224.6 ^SEK	-0.44%		-0.35%	+11.67%

Apr. 26	European Midday Briefing : Solid U.S. Tech Earnings Lift Mood; PCE Print Awaited	DJ
Apr. 26	Transcript : AB SKF, Q1 2024 Earnings Call, Apr 26, 2024

AB SKF specializes in manufacturing and marketing of bearings, seals and lubrication systems. The group's activity is organized around 2 areas

- sale of bearings and seals: spherical and cylindrical roller bearings, angular contact ball bearings, average deep groove ball bearings and high precision bearings, and seals primarily for car and truck manufacturers. The group also manufactures lubrication systems and rails allowing linear movements;

- services: primarily technical support, maintenance and training services.

Net sales break down by market between industry (70.9%) and automotive (29.1%).

At the end of 2023, the group had 77 production sites worldwide.

Net sales are distributed geographically as follows: Sweden (2.4%), Europe (38.4%), Americas (30%), China and Northeast Asia (19.7%), India and Southeast Asia (9.5% ).

Number of employees: 42,602

SEK in Million	2022	Weight	2023	Weight	Delta
Industrial 70.9 %	69,517	71.7 %	73,651	70.9 %	+5.95%
Automotive 29.1 %	27,416	28.3 %	30,230	29.1 %	+10.26%

SEK in Million	2022	Weight	2023	Weight	Delta
Europe, the Middle East and Africa Excluding Sweden 38.4 %	35,531	36.7 %	39,859	38.4 %	+12.18%
North and South America 30.0 %	29,936	30.9 %	31,193	30.0 %	+4.20%
China and North-East Asia 19.7 %	20,137	20.8 %	20,509	19.7 %	+1.85%
India and Southeast Asia 9.5 %	9,199	9.5 %	9,880	9.5 %	+7.40%
Sweden 2.3 %	2,130	2.2 %	2,440	2.3 %	+14.55%

Managers	Title	Age	Since
Rickard Gustafson CEO	Chief Executive Officer	60	21-05-31
Niclas Rosenlew DFI	Director of Finance/CFO	51	19-06-16
Mathias Lyon CMP	Compliance Officer	49	11-12-31
Annika Ölme CTO	Chief Tech/Sci/R&D Officer	51	22-10-14
Joakim Landholm COO	Chief Operating Officer	55	22-01-31
Thomas Eliasson BRD	Director/Board Member	59	20-12-31
Ann-Sofie Zaks IRO	Public Communications Contact	48	20-08-31
Sophie Arnius IRC	Investor Relations Contact	-	Feb. 23
David Johansson PRN	Corporate Officer/Principal	43	-
Johanna Björkner Pernvik SAM	Sales & Marketing	-	01-12-31

Members of the board	Title	Age	Since
Hans Torgny Stråberg CHM	Chairman	67	18-03-26
Kurt Ove Håkan Buskhe BRD	Director/Board Member	61	20-03-25
Richard Nilsson BRD	Director/Board Member	54	22-12-31
Hock Goh BRD	Director/Board Member	69	14-03-27
Rickard Gustafson CEO	Chief Executive Officer	60	21-05-31
Geert Follens BRD	Director/Board Member	65	19-03-27
Jonny Hilbert BRD	Director/Board Member	43	15-04-06
Zarko Djurovic BRD	Director/Board Member	47	05-12-31
Susanna Schneeberger BRD	Director/Board Member	51	20-03-25
Therese Friberg BRD	Director/Board Member	49	22-12-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	29,286,933	13,383,477 ( 45.70 %)	0	95.72 %
Stock B	0	426,064,135	422,492,032 ( 99.16 %)	0

Name	Equities	%	Valuation
Wallenberg Family 12.38 %	52,767,539	12.38 %	1 106 M kr
Cevian Capital AB 8.476 %	36,113,116	8.476 %	757 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt) 5.037 %	21,462,363	5.037 %	450 M kr
Livförsäkringsbolaget Skandia, ömsesidigt 3.180 %	13,546,905	3.180 %	284 M kr
Swedbank Robur Fonder AB 2.175 %	9,267,791	2.175 %	194 M kr
SEB-Stiftelsen Skandinaviska Enskilda Bankens Pensionstiftelse 1.924 %	8,198,875	1.924 %	172 M kr
Handelsbanken Fonder AB 1.119 %	4,766,700	1.119 %	100 M kr
Magallanes Value Investors SA SGIIC 0.9573 %	4,078,815	0.9573 %	85 M kr
Storebrand Asset Management AS 0.8239 %	3,510,145	0.8239 %	74 M kr
Avanza Fonder AB 0.7951 %	3,387,590	0.7951 %	71 M kr

Name	Equities	%	Valuation
Beddow Capital Management, Inc. 0.0478 %	203,502	0.0478 %	4 M kr
MOTCO, Inc. (Texas) 0.008469 %	36,082	0.008469 %	726 042 kr
RhumbLine Advisers LP 0.000546 %	2,325	0.000546 %	46 784 kr
GAMMA Investing LLC 0.000030 %	126	0.000030 %	2 535 kr

Name	Equities	%	Valuation
Wallenberg Family 53.10 %	15,550,000	53.10 %	325 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt) 9.365 %	2,742,611	9.365 %	57 M kr
Livförsäkringsbolaget Skandia, ömsesidigt 5.431 %	1,590,506	5.431 %	33 M kr
SEB-Stiftelsen Skandinaviska Enskilda Bankens Pensionstiftelse 4.291 %	1,256,640	4.291 %	26 M kr
Camissa Asset Management Pty Ltd. 1.093 %	320,105	1.093 %	7 M kr
ANIMA Sgr SpA 0.9131 %	267,429	0.9131 %	6 M kr
Mercer Global Investments Europe Ltd. 0.1236 %	36,213	0.1236 %	757 194 kr
Dimensional Fund Advisors Ltd. 0.0334 %	9,775	0.0334 %	204 390 kr
Arca Fondi SGR SpA 0.0255 %	7,460	0.0255 %	155 984 kr
Global Systematic Investors LLP 0.006160 %	1,804	0.006160 %	37 721 kr

Name	Equities	%	Valuation
SKF INDIA LIMITED 52.58%	25,992,059	52.58%	1,862,186,252 $

SKF AB

Sven Wingqvists gata 2

415 26, Gothenburg

+46 3 13 37 10 00

http://www.skf.com

Name	Category and Sector
SKF INDIA LIMITED	Metal Fabrication
SKF Österreich AG SKF Österreich AG Electrical ProductsProducer Manufacturing SKF Österreich AG develops and markets technology components and platforms. The firm''s product range encompasses actuation systems, bearings, coupling systems, lubrication solutions, linear motion systems, magnetic systems, maintenance products, seals, power transmission systems, and test and measurement equipment. Its service areas include engineering consultancy, logistics, mechanical maintenance, remanufacturing and maintenance, and remote monitoring and diagnosis. It designs solutions for the aerospace, agriculture, construction, medical and healthcare, automotive, oil and gas, and food and beverage sectors. The company was founded in 1988 and is headquartered in Steyr, Astria.	Electrical Products
PT SKF Indonesia PT SKF Indonesia Metal FabricationProducer Manufacturing Part of SKF AB, PT SKF Indonesia is an Indonesian company that manufactures ball and roller bearings. The company is based in Jakarta, Indonesia.	Metal Fabrication
SKF Technologies India Pvt Ltd. SKF Technologies India Pvt Ltd. Metal FabricationProducer Manufacturing Founded in 1997, SKF Technologies India Pvt Ltd. is a subsidiary of SKF AB and specializes in manufacturing precision roller bearings.	Metal Fabrication
Återförsäkringsaktiebolaget SKF Återförsäkringsaktiebolaget SKF Insurance Brokers/ServicesFinance Part of SKF AB, Ã…terfÃ¶rsÃ¤kringsaktiebolaget SKF is a Swedish company that provides insurance services. The company is based in Gothenburg, Sweden.	Insurance Brokers/Services
SKF International AB SKF International AB Finance/Rental/LeasingFinance Part of SKF AB, SKF International AB is a Swedish company that provides financing lending services. The company is based in Gothenburg, Sweden. SKF International was founded in 1938.	Finance/Rental/Leasing

Trading Rating

Investor Rating

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A-

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Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

225.6 SEK

Average target price

236.7 SEK

Spread / Average Target

+4.92%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Industrial Machinery & Equipment

Other Industrial Machinery & Equipment

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