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SKF Year-end Report Q4 2024: Strong Execution Supporting Margin Resilience

SKF Year-end Report Q4 2024: Strong Execution Supporting Margin Resilience

Bearing News
SKF Year-end Report Q4 2024: Strong Execution Supporting Margin Resilience

  Q4 2024 Net sales: SEK 24,725 million (24,438) Organic growth: −3.1% (−1.9%), driven by lower market demand mainly in Europe and China, while Americas and India & Southeast Asia are showing positive sales development. Adjusted operating profit: SEK 2,735 million (2,929). Continued strong price/mix contribution was offset by negative currency effects as well as lower volumes, which […]

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