Last kr150.30 SEK
Change Today -0.70 / -0.46%
Volume 5.0K
SKFA On Other Exchanges
As of 10:00 AM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

skf ab-a shs (SKFA) Snapshot

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10/15/13 - kr183.00
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09/26/14 - kr149.90
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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 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 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 worldwide. AB SKF was founded in 1907 and is headquartered in Gothenburg, Sweden.

48,802 Employees
Last Reported Date: 07/15/14
Founded in 1907

skf ab-a shs (SKFA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: kr12.6M
Compensation as of Fiscal Year 2013.

skf ab-a shs (SKFA) Key Developments

AB SKF to Build New Global Technical Center in Chicago

AB SKF has announced that it will build a new 12,100sqm global technical center in the greater Chicago area. The Global Technical Center Americas (GTCA) reinforces SKF's strategy to have these Centers near its important customers to focus on market specific product innovations, leveraging all of SKF's five platforms - bearings, seals, mechatronics, lubrication systems and services. It joins two centers recently opened in China and India, while the two new European centers are under construction, one in Holland and one in Sweden.

SKF Announces Management Changes

SKF announced that Tom Johnstone has decided to step down as President and CEO of SKF, on 1 January 2015. Tom Johnstone will be succeeded by Alrik Danielson who has been President and CEO of Höganäs AB since 2005. Alrik Danielson worked at SKF between 1987 and 2005 and held a number of executive positions within the Group including that of President of the SKF Group's Industrial Division and member of the SKF Group's Executive Committee.

SKF Appoints New Press & Media Relations Director, Effective 25 August 2014

Theo Kjellberg has been appointed Director Press & Media Relations within the SKF Group, starting 25 August 2014. Most recently he comes from Mölnlycke Health Care, where he has worked as PR and Media Relations Manager. Theo Kjellberg will be based at SKF Group headquarters in Gothenburg and report to Ingalill Östman, Senior Vice President SKF Group Communications & Government Relations.


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Valuation SKFA Industry Range
Price/Earnings 44.2x
Price/Sales 1.0x
Price/Book 3.1x
Price/Cash Flow 40.5x
TEV/Sales 0.4x

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