SKF gains on Q2 adjusted EBIT beat

SKF AB

18/07/2025 08:26

** Shares in SKF SKFb.ST are up around 5% after the Swedish industrial bearing maker posted adjusted EBIT around 14% ahead of consensus provided by LSEG

** SKF said that lower sales volumes were mostly offset by pricing activities and portfolio management, as well as good cost control

** "SKF's Q2 results look solid with a 70bps margin beat, showing strong cost control even when FX creates headwinds," RBC says in a note

** Shares are at their highest since March

 (Reporting by Anna Chaberska)

 ((Anna.chaberska@thomsonreuters.com;))