** Shares in SKF SKFb.ST are down around 3% after the Swedish industrial bearing maker posted its Q3 results with Q4 sales guidance below expectations
** "While the global economic development makes the outlook uncertain, we expect market demand to remain at similar levels as in the third quarter," SKF said
** For Q3 SKF reported sales at SEK 22.5 billion ($2.39 billion)
** For Q4 SKF is guiding now for organic sales to be relatively unchanged YoY, while the market consensus was expecting +1.6% growth, as per Jefferies
** Share on track for its worst day since April 7
($1 = 9.4155 Swedish crowns)
(Reporting by Agnieszka Gosciak-Rabalska)
((agnieszka.gosciakgdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))