Brief: SKF Q2 Adjusted EBIT At SEK 3,090 Mln
18/07/2025 06:47
July 18 (Reuters) - SKF AB SKFb.ST: Q2 ADJUSTED EBIT SEK 3,090 MILLION VERSUS. IBES ESTIMATE SEK 2,715 MILLION Q2 SALES SEK 23,166 MILLION VERSUS. IBES ESTIMATE SEK 23,014 MILLION Q2 ADJUSTED EPS SEK 5.06 Q2 ADJUSTED EBIT MARGIN 13.3% Q2 BASIC EPS SEK 1.13 Q2 ADJUSTED EBIT SEK 3,090 MILLION ON TARIFFS: WE LARGELY COMPENSATED FOR INCREASED TARIFF COSTS ON TARIFFS: GIVEN CURRENT TARIFF LEVELS, WE EXPECT THIS TO BE CASE ALSO IN Q3, WITH MAJORITY OF NET IMPACT IN AUTOMOTIVE GUIDANCE Q3 2025: WE EXPECT ORGANIC SALES TO BE RELATIVELY UNCHANGED GUIDANCE Q3 2025: CURRENCY IMPACT ON OPERATING PROFIT IS EXPECTED TO BE AROUND MSEK 500 NEGATIVE COMPARED TO Q3 2024 GUIDANCE FY 2025: TAX LEVEL EXCLUDING EFFECTS RELATED TO DIVESTED BUSINESSES: AROUND 26% GUIDANCE FY 2025: ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT: AROUND BSEK 4.5 EXCLUDING SEPARATION OF AUTOMOTIVE BUSINESS AUTOMOTIVE BUSINESS CONTINUED TO FACE CHALLENGING MARKET CONDITIONS GLOBALLY, EXCEPT FOR ELECTRICAL VEHICLES, RESULTING IN ORGANIC SALES DECLINE YOY RIGHTSIZING OF INDUSTRIAL BIZ, ENABLED BY AUTOMOTIVE SEPARATION, COMPRISE GROSS REDUCTION OF ABOUT 1,700 POSITIONS, PRIMARILY STAFF POSITIONS IN EUROPE Source text: ID:nWkr2FbGD7 Further company coverage: [SKFb.ST] (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))