SKF Signs SEK 900 Million Long-Term Contract with Turbomeca 10-year agreement for engine bearings Business Wire GOTHENBURG, Sweden -- June 20, 2013 SKF (STO:SKFA)(STO:SKFB)(Pink Sheets:SKFRY)(LSE:SKFB) has signed a long-term contract for around SEK 900 million with Turbomeca, a division of the French-based Safran. The contract includes the supply of bearings(http://www.skf.com/group/industry-solutions/aerospace/solutions/aeroengine-bearings/index.html) for the latest Turbomeca engine, Arrano. “The bearings used within a helicopter engine are key components that contribute to reduced wear, increased longevity and overall engine performance. SKF is proud to gain this business which is a clear sign of new confidence demonstrated by Turbomeca and will strengthen our partnership”, says Stephane Le-Mounier, Director SKF Aerospace. “We are pleased to sign this contract with SKF, which is positioned as a partner in the field of innovation, as well as operational performance. This contract exemplifies our strategy to identify key suppliers, to involve them in advanced developments and as a result get a long term commitment”, says Olivier Andriès, CEO for Turbomeca. The new Arrano, 1100 HP engine is designed to equip four to six ton helicopters. It will offer 10 to 15 per cent lower fuel consumption, contributing to improved performance (range and payload) and reduced environmental footprint. SKF Aerospace(http://www.skf.com/group/industry-solutions/aerospace/index.html) provides highly engineered, customized solutions to aircraft, helicopter, engine, and system manufacturers, including main-shaft and transmission bearings, seals and precision elastomeric devices. Aktiebolaget SKF (publ) SKF is a leading global supplier of bearings(http://www.skf.com/portal/skf/home/products?contentId=876709&lang=en), seals(http://www.skf.com/portal/skf/home/products?contentId=238358&lang=en), mechatronics(http://www.skf.com/portal/skf/home/products?contentId=447144&lang=en), lubrication systems(http://www.skf.com/portal/skf_lub?lang=en), and services(http://www.skf.com/portal/skf_lub/home/services?contentId=867934&lang=en) which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around15,000 distributor locations worldwide. Annual sales in 2012 were SEK 64,575 million and the number of employees was 46,775. www.skf.com ® SKF is a registered trademark of the SKF Group. ™ BeyondZero is a trademark of the SKF Group. This information was brought to you by Cision http://news.cision.com Contact: SKF MEDIA HOTLINE: 46 31337 2400 or PRESS: Rebecca Janzon, Director, Press Relations tel: 46 31337 3880 mobile: 46 727-173880 e-mail: firstname.lastname@example.org or INVESTOR RELATIONS Marita Björk, Head of Investor Relations tel: 46 31-337 1994 mobile: 46 705-181994 e-mail: email@example.com
SKF Signs SEK 900 Million Long-Term Contract with Turbomeca
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