Brief: SKF Expects Q4 Market Demand To Remain At Similar Levels As In Q3
29/10/2025 06:35
Oct 29 (Reuters) - SKF AB SKFb.ST: SKF Q3 BASIC EPS SEK 2.3 SKF Q3 SALES SEK 22,482 MILLION VERSUS. IBES ESTIMATE SEK 22,242 MILLION SKF Q3 ADJUSTED EBIT SEK 2,762 MILLION SKF Q3 EBIT SEK 2,007 MILLION VERSUS. IBES ESTIMATE SEK 2,598 MILLION SKF Q3 ADJUSTED EPS SEK 3.96 SKF Q3 ADJUSTED EBIT MARGIN 12.3% IN CHINA, POLICY-DRIVEN PRE-BUY EFFECTS WITHIN WIND CONTINUED, AND OUR PERFORMANCE IN INDIA REMAINED STRONG IN AMERICAS, WE DRIVE AN ACTIVE COMMERCIAL AGENDA AND GROWTH IN Q3 WAS MAINLY DRIVEN BY TARIFF-RELATED PRICE INCREASES CONDITIONS IN EUROPE REMAINED OVERALL CHALLENGING WITH AEROSPACE AND MAGNETIC BEARINGS BEING MAIN CONTRIBUTORS TO GROWTH ORGANIC SALES IN OUR AUTOMOTIVE BUSINESS DECLINED -2% DRIVEN BY WEAK MARKET DEMAND, ESPECIALLY IN NORTH AMERICA OUTLOOK Q4: WE EXPECT MARKET DEMAND TO REMAIN AT SIMILAR LEVELS AS IN Q3 OUTLOOK Q4: WE EXPECT ORGANIC SALES TO BE RELATIVELY UNCHANGED, YEAR-OVER-YEAR WE EXPECT TO BE OPERATIONALLY READY TO LIST AUTOMOTIVE BUSINESS ON NASDAQ STOCKHOLM BY MID-2026 GUIDANCE Q4: CURRENCY IMPACT ON OPERATING PROFIT IS EXPECTED TO BE AROUND MSEK 650 NEGATIVE COMPARED TO Q4 2024 EXPECT ALSO IN Q4 TO LARGELY COMPENSATE FOR INCREASED TARIFF COSTS THROUGH A BROAD SET OF MITIGATING ACTIVITIES, WHERE PRICE ADJUSTMENTS REMAIN A KEY LEVER Source text: ID:nWkr3fS6KR Further company coverage: [SKFb.ST] (Gdansk Newsroom) ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))