SKF AB Class B (SKFRY)

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SKFRY

SKF AB

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SKF AB (SKFRY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 22, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.43

Last Year’s EPS

0.12

Same Quarter Last Year

Analyst Consensus

―

Based on 0 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 21, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call presents a balanced picture: clear operational strengths (solid adjusted margin, strong performance in Specialized Industrial Solutions, high-margin Bearing Solutions, and accelerated rightsizing savings) and measured progress on the automotive separation and commercial wins. These positives are offset by material near-term headwinds — a large negative FX impact that reduced reported sales and margins, negative operating cash flow driven by a substantial working capital build for separation-related safety stock, and one-off separation and impairment costs. Management reaffirmed guidance and provided plans to normalize working capital and scale rightsizing savings, but near-term cash absorption and currency risk temper the outlook.

Company Guidance

Management reiterated that Q2 demand is expected to be broadly similar to Q1 with organic growth “relatively unchanged,” and provided an FX headwind estimate for Q2 of about SEK ‑100m (based on end‑March rates). For the full year they reaffirmed underlying tax guidance at ~28% (ex‑divestments), group capex of ~SEK 5.0bn, and one‑off automotive separation/footprint costs of SEK 2.5–3.0bn (Elgin capital gain excluded). They reported SEK 300m of rightsizing savings in Q1 and expect the savings run‑rate to move from SEK 1.2bn (Q1) toward SEK 2.0bn by end‑Q4 2027, with rightsizing expected to be slightly net‑positive versus separation dis‑synergies in 2026; net working capital buildup related to the separation should normalize by year‑end (long‑term NWC target ~27–29%). The company remains committed to completing the automotive separation in Q4 2026.

Strong adjusted operating margin despite headwinds

Adjusted operating margin of 13.5% in Q1, flat year-over-year, achieved despite a significant currency headwind. Key drivers were price/mix, rightsizing actions, higher production volumes (safety stock) and fixed cost absorption.

Specialized Industrial Solutions outperformance

Specialized Industrial Solutions delivered almost 9% organic growth and an improved adjusted operating margin of 13.3%. Strong momentum in Aerospace and Magnetic Solutions and growth in automated lubrication systems (lubrication business ~SEK 5bn of sales, majority automated systems).

High-margin Bearing Solutions

Bearing Solutions represents >50% of net sales and >75% of adjusted operating profit. The segment reported 2.4% organic growth and a robust adjusted operating margin of 19.3%, supported by price/mix, world-class manufacturing benefits and higher production volumes.

Rightsizing and cost savings progress

Realized rightsizing savings of SEK 300 million in Q1. Management targets a run-rate increase toward SEK 2.0 billion by end of 2027 and expects rightsizing to be slightly net positive versus separation-related dissynergies for full-year 2026 (management indicated a net positive ~SEK 100 million range).

Stable capital structure and returns

Net debt/adjusted EBITDA remained stable at 0.8x; net debt/equity excluding pensions 10.7% (10.2% at year-end). Adjusted return on capital employed stable at 14.4%. Board proposed dividend SEK 7.75 per share (two installments).

Automotive separation and commercial progress

Separation of automotive business progressing on plan (targeted completion Q4 2026). Automotive shows improved commercial metrics: higher hit ratio on OE RFQs and new distribution agreements expected to add ~SEK 1 billion of sales over 4 years. Automotive margin remained around 5% in Q1.

SKF AB (SKFRY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SKFRY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 22, 2026	2026 (Q2)	0.43 / -	0.117	―	―	―
Apr 21, 2026	2026 (Q1)	0.36 / 0.46	0.486	-4.53% (-0.02)
Jan 30, 2026	2025 (Q4)	0.28 / 0.40	0.38	3.95% (+0.02)
Oct 29, 2025	2025 (Q3)	0.33 / 0.25	0.38	-35.26% (-0.13)
Jul 18, 2025	2025 (Q2)	0.45 / 0.12	0.492	-76.22% (-0.38)
Apr 25, 2025	2025 (Q1)	0.40 / 0.49	0.441	10.20% (+0.04)
Jan 31, 2025	2024 (Q4)	0.29 / 0.38	0.346	9.83% (+0.03)
Oct 30, 2024	2024 (Q3)	0.34 / 0.38	0.404	-5.94% (-0.02)
Jul 18, 2024	2024 (Q2)	0.42 / 0.49	0.522	-5.75% (-0.03)
Apr 26, 2024	2024 (Q1)	0.39 / 0.44	0.463	-4.75% (-0.02)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SKFRY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 21, 2026	$27.07	$26.19	-3.24%
Jan 30, 2026	$28.41	$26.28	-7.52%
Oct 29, 2025	$27.22	$26.26	-3.52%
Jul 18, 2025	$23.20	$23.99	+3.37%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does SKF AB Class B (SKFRY) report earnings?

SKF AB Class B (SKFRY) is schdueled to report earning on Jul 22, 2026, Before Open (Confirmed).

What is SKF AB Class B (SKFRY) earnings time?

SKF AB Class B (SKFRY) earnings time is at Jul 22, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SKFRY EPS forecast?

SKFRY EPS forecast for the fiscal quarter 2026 (Q2) is 0.43.