Swedish bearings maker SKF expects higher earnings margin after split
11/11/2025 07:43
STOCKHOLM, Nov 11 (Reuters) - Swedish industrial group SKF SKFb.ST, the world's biggest maker of bearings, said on Tuesday it expects to raise its adjusted operating margin over time after spinning off its Automotive unit. SKF last year announced plans to spin off its Automotive business, which makes seals and bearings for vehicles, and said last month it expected to be ready to list the unit on Nasdaq Stockholm by mid-2026. SKF's automotive business represents 11% of operating profit https://reut.rs/47PWLTN (Reporting by Greta Rosen Fondahn, writing by Stine Jacobsen, editing by Terje Solsvik and Louise Rasmussen)