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SKF AB Class A (SE:SKF.A)
:SKF.A
Sweden Market
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SKF AB Class A (SKF.A) 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
3.97
Last Year’s EPS
1.13
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q1 2026
Earnings Call Date:Apr 21, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
Positive operational execution driven by margin resilience, strong Specialized Industrial Solutions growth (~+9%), robust Bearing Solutions margins (19.3%), and SEK 300m of rightsizing savings in Q1. These operational wins and strategic progress (including automotive contract wins and the Elgin divestment) offset near-term headwinds — notably significant FX-driven revenue decline (-9.9%), negative operating cash flow (SEK -446m), elevated working capital (net working capital ~34.6% of sales) and ongoing separation-related one-offs (Q1 one-offs ~-SEK 308m; full-year separation/footprint costs guided at SEK -2.5bn to -3.0bn). Management expects working capital normalization by year-end and continued rightsizing benefits; on balance the positives (organic growth, margin durability, structural progress) outweigh the short-term financial and separation-related challenges.
Company Guidance
Guidance and forward-looking metrics: management expects Q2 organic growth to be “relatively unchanged” versus Q1 (given tougher year‑on‑year comps), with a sequentially more favorable FX impact estimated at minus SEK 100 million for Q2 (based on end‑March rates); full‑year guidance is unchanged: tax (ex‑divestment effects) about 28%, capital expenditure ~SEK 5.0 billion, and one‑off costs for the automotive separation and footprint optimization expected at roughly minus SEK 2.5–3.0 billion in 2026 (in line with the SEK 6.5 billion CMD framework; the Elgin capital gain is excluded). Rightsizing delivered SEK 300 million of savings in Q1, management targets a run‑rate rising from SEK 1.2 billion today to SEK 2.0 billion by end‑Q4 2027 and expects rightsizing to be somewhat net‑positive versus dissynergies for 2026 (roughly SEK 100 million net by management’s estimate). Cash and balance‑sheet signposts: Q1 operating cash flow was negative SEK 446 million, net working capital rose to ~34–35% of rolling sales (34.6%), normalization is expected toward year‑end (long‑term targets remain ~27–29%), net debt rose ~SEK 600 million to a net‑debt/adjusted‑EBITDA of 0.8x and net‑debt/equity ~10.7%; the separation process remains on track for completion in Q4 2026.
Maintained Strong Adjusted Operating Margin
Adjusted operating margin of 13.5% in Q1 (flat year-over-year) despite a significant FX headwind (FX reduced margin by ~2.1 percentage points).
Organic Growth in Q1
Group organic growth of 2.4% in Q1, in line with guidance; regional detail includes Americas +4.0% and China / NE Asia +4.5%, while EMEA was -1.0%.
Specialized Industrial Solutions Outperformance
Specialized Industrial Solutions delivered nearly 9% organic growth, margin improvement to 13.3%, and strong price/mix across all four business units (notably Aerospace and Magnetic Solutions). Represents ~20% of sales and ~20% of adjusted operating profit.
Bearing Solutions Margin and Profit Concentration
Bearing Solutions (>50% of net sales, >75% of adjusted operating profit) reported organic growth of 2.4% and an adjusted operating margin of 19.3%, supported by price/mix, world-class manufacturing benefits and higher production volumes.
Rightsizing and Cost Savings Delivered
Rightsizing delivered SEK 300 million of savings in Q1. Management expects a run-rate progression (SEK 1.2bn in Q1 toward SEK 2bn by end-Q4 2027) and indicated rightsizing should be slightly net positive versus separation dissynergies for full-year 2026 (management cited ~SEK 100 million net positive as a reasonable assumption).
Capital Gain and EPS Metrics
Recorded a capital gain from the divestment of Elgin of ~SEK 450 million. Reported EPS SEK 3.6 and adjusted EPS ~SEK 4.25 for Q1.
Automotive Strategic Wins and Addressable Market Expansion
Automotive reported an increased OE RFQ hit ratio and higher contract values; signed new distribution agreements in North America and Europe expected to generate ~SEK 1 billion of sales over the next four years, and aftermarket momentum improving margins.

SKF AB Class A (SE:SKF.A) 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

SE:SKF.A Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 22, 2026
2026 (Q2)
3.97 / -
1.13
Apr 21, 2026
2026 (Q1)
3.33 / 4.25
4.71-9.77% (-0.46)
Jan 30, 2026
2025 (Q4)
2.60 / 3.50
4.2-16.67% (-0.70)
Oct 29, 2025
2025 (Q3)
3.13 / 2.30
4.05-43.21% (-1.75)
Jul 18, 2025
2025 (Q2)
4.29 / 1.13
5.19-78.23% (-4.06)
Apr 25, 2025
2025 (Q1)
4.03 / 4.71
4.83-2.48% (-0.12)
Jan 31, 2025
2024 (Q4)
3.20 / 4.20
3.5717.65% (+0.63)
Oct 30, 2024
2024 (Q3)
3.50 / 4.05
4.49-9.80% (-0.44)
Jul 18, 2024
2024 (Q2)
4.43 / 5.19
5.36-3.17% (-0.17)
Apr 26, 2024
2024 (Q1)
4.18 / 4.83
4.771.26% (+0.06)
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

SE:SKF.A Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 21, 2026
kr242.38kr235.50-2.84%
Jan 30, 2026
kr247.79kr231.07-6.75%
Oct 29, 2025
kr252.71kr242.87-3.89%
Jul 18, 2025
kr225.18kr228.13+1.31%
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 A (SE:SKF.A) report earnings?
SKF AB Class A (SE:SKF.A) is schdueled to report earning on Jul 22, 2026, Before Open (Confirmed).
    What is SKF AB Class A (SE:SKF.A) earnings time?
    SKF AB Class A (SE:SKF.A) 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 the P/E ratio of SKF AB Class A stock?
          The P/E ratio of SKF AB Class A is N/A.
            What is SE:SKF.A EPS forecast?
            SE:SKF.A EPS forecast for the fiscal quarter 2026 (Q2) is 3.97.