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Last kr190.00 SEK
Change Today -0.10 / -0.05%
Volume 2.9K
SKFA On Other Exchanges
As of 11:29 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

skf ab-a shs (SKFA) Snapshot

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52 Week High
04/15/15 - kr231.50
52 Week Low
10/16/14 - kr135.00
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Current Stock Chart for SKF AB-A SHS (SKFA)

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skf ab-a shs (SKFA) Details

AB SKF (publ) provides products, solutions, and services in the areas of rolling bearings, seals, mechatronics, and lubrication systems. Its products include bearings, units, and housings; seals; lubrication solutions; linear motion systems; actuation systems; magnetic systems; maintenance products; condition monitoring systems; power transmission products; coupling systems; test and measurement equipment; and vehicle aftermarket products, such as wheel end, engines, drivelines, suspension, and transmission products, as well as tools and lubricants for cars and trucks. The company’s services comprise asset management, business consulting, customer training, engineering consultancy, logistics, mechanical maintenance, remanufacturing and maintenance, and remote monitoring and diagnosis services. AB SKF (publ) offers its solutions for various industries, including aerospace, agriculture, cars and light trucks, compressors, construction, electric motors, food and beverage, home appliances, industrial fans, industrial pumps, industrial transmissions, machine tool, marine, material handling, medical and health care, metals, mining and mineral processing, cement, oil and gas, portable power tools, pulp and paper, racing, railways, skates, solar energy, traditional power, trucks, trailers and buses, two and three wheelers, and wind energy. The company markets its products directly, as well as through a network of distributors and dealers in North America, Latin America, Western Europe, Sweden, Eastern Europe, the Middle East, Africa, and the Asia Pacific. AB SKF (publ) was founded in 1907 and is headquartered in Gothenburg, Sweden.

48,356 Employees
Last Reported Date: 04/17/15
Founded in 1907

skf ab-a shs (SKFA) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

skf ab-a shs (SKFA) Key Developments

SKF Signs Long-Term Agreement with United Technologies Corporation for Supply of Range of Bearings and Components

SKF has signed a long-term agreement with United Technologies Corporation for the supply of a range of bearings and components to United Technologies Corporation's aerospace business. As part of the agreement, SKF will supply United Technologies Corporation's aerospace divisions with precision roller and ball bearings, including main shaft bearings, as well as seals and precision elastomeric components used in helicopter applications. Additionally, the agreement encompasses the delivery of engine bearings to Pratt & Whitney, a United Technologies Corporation division, to be used in their Next Generation Product Family geared turbofan engines.

SKF Appoints Hans Sjöström as New Global Director of SKF Vehicle Service Market Effective as of May 1, 2015

SKF announced that Hans Sjöström has been appointed new global Director of the SKF Vehicle Service Market Business Unit. Sjöström is replacing Christer Cedervall who takes up the role of Director, SKF Industrial Market Demand Chain & Logistics Services. Sjöström has been with SKF for 18 years, holding positions such as Director SKF Automotive Market Business Development & Marketing and Director Business Consulting and head of Coated bearings. Sjöström has extensive experience in the automotive sector and his expertise includes R&D, marketing and sales, process engineering and operations management with companies such as Tenneco Automotive, Finnveden Metal Structures and SKF. This change is effective as of May 1, 2015. In his new role Sjöström will continue to report to Stephane Le-Mounier, President SKF Automotive Market, and will remain located in Gothenburg, Sweden.

SKF Concludes Strategic Service Agreement with Floatel International AB

SKF has concluded a global service agreement with Floatel International AB to supply services within condition-based maintenance to the company's modern floating accommodation and service platforms for maintenance personnel within the offshore industry. Floatel International would like to increase the service interval for its thrusters, which are used to keep the platforms in position, so-called dynamic positioning. By extending the maintenance interval from five to seven years, the company will have greater flexibility when planning dockyard visits, as well as increased flexibility in serving the market. The primary advantage of using a condition-based system is an ability to meet the customer's accessibility needs and coordinate maintenance of on-board equipment with a dockyard visit. Using a condition-based system can also help to reduce the costs associated with dismantling the thrusters over the lifetime of the platform.


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Valuation SKFA Industry Range
Price/Earnings 19.6x
Price/Sales 1.2x
Price/Book 3.6x
Price/Cash Flow 18.0x
TEV/Sales 0.6x

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