
SKF Expects Q4 Market Demand To Remain At Similar Levels As In Q3

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SKF AB reported a Q3 basic EPS of SEK 2.3 and sales of SEK 22,482 million, exceeding estimates. The company expects Q4 market demand to remain stable, with organic sales unchanged year-over-year. Challenges persist in Europe, particularly in aerospace and automotive sectors. SKF plans to list its automotive business on NASDAQ Stockholm by mid-2026 and anticipates a negative currency impact of around MSEK 650 on operating profit for Q4 2024. Price adjustments will be key to offsetting increased tariff costs.

