Brief: SKF Q1 Adj EBIT At SEK 2,951 Mln, Above Estimate
21/04/2026 06:38
April 21 (Reuters) - SKF AB SKFb.ST: Q1 BASIC EPS SEK 3.57 Q1 ADJUSTED EBIT MARGIN 13.5% VERSUS. ESTIMATE 12.4% Q1 SALES SEK 21,873 MILLION VERSUS. ESTIMATE SEK 22,029 MILLION Q1 ADJUSTED EBIT SEK 2,951 MILLION VERSUS. ESTIMATE SEK 2,736 MILLION Q1 ADJUSTED EPS SEK 4.25 Q1 EBIT SEK 2,643 MILLION SEES Q2 DEMAND TO REMAIN AT SIMILAR LEVELS AS IN Q1 SEES Q2 CURRENCY IMPACT ON OPERATING PROFIT TO BE AROUND MSEK -100, YEAR-OVER-YEAR, BASED ON EXCHANGE RATES AS PER 31 MARCH 2026 SEES Q2 ORGANIC SALES TO BE RELATIVELY UNCHANGED YEAR-OVER-YEAR, AGAINST MORE DEMANDING COMPARABLES CEO: GEOPOLITICAL TURMOIL, INCLUDING CONFLICT IN MIDDLE EAST, AMPLIFIES OVERALL UNCERTAINTY LARGELY COMPENSATED FOR TARIFF COSTS IN QUARTER, AT CURRENT LEVELS EXPECTS THIS TO BE CASE IN Q2 FOR FULL YEAR 2026, WE EXPECT THAT RIGHTSIZING SAVINGS WILL CONTINUE TO BE SOMEWHAT HIGHER THAN NEGATIVE Source text: ID:nWkr87rn4P Further company coverage: [SKFb.ST] (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))