Brief: SKF Expects Organic Sales To Weaken Somewhat In Q2
25/04/2025 06:47
April 25 (Reuters) - SKF AB SKFb.ST: SKF Q1 ADJUSTED EBIT MARGIN 13.5% SKF Q1 ADJUSTED EBIT SEK 3,233 MILLION SKF Q1 EBIT SEK 2,885 MILLION VERSUS. IBES ESTIMATE SEK 2,943 MILLION SKF Q1 SALES SEK 23,966 MILLION VERSUS. IBES ESTIMATE SEK 24,347 MILLION SKF Q1 BASIC EPS SEK 3.95 SKF Q1 ADJUSTED EPS SEK 4.71 SO FAR, WE HAVE LARGELY COMPENSATED FOR INCREASED TARIFF COSTS THROUGH PRICE ADJUSTMENTS AND WE EXPECT TO CONTINUE TO DO SO ALSO IN Q2 EXPECTS ORGANIC SALES TO WEAKEN SOMEWHAT IN Q2 Q2 2025 OUTLOOK: CURRENCY IMPACT ON OPERATING PROFIT IS EXPECTED TO BE AROUND MSEK 400 NEGATIVE COMPARED TO Q2 2024 FY 2025 OUTLOOK: TAX LEVEL EXCLUDING EFFECTS RELATED TO DIVESTED BUSINESSES: AROUND 26% FY 2025 OUTLOOK: ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT: AROUND BSEK 4.5 EXCLUDING SEPARATION OF AUTOMOTIVE BUSINESS WE PLAN FOR ANOTHER QUARTER WITH NEGATIVE VOLUMES Source text: ID:nWkr7wPZk9 Further company coverage: [SKFb.ST] (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))