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SKF AB Class B (SKFRY)
:SKFRY
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.4Last Year’s EPS
0.44Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 25, 2025
|% Change Since: 0.68%
|Next Earnings Date:Jul 18, 2025
Earnings Call Sentiment|Neutral
SKF demonstrated resilience in a challenging market with strong operating margins and innovation initiatives. China and Northeast Asia showed positive growth, but ongoing challenges in multiple regions and a weak cash flow performance offset these gains. Continued efforts in addressing tariff and automotive market challenges are critical.Company Guidance
During the first quarter of 2025, SKF reported net sales of nearly SEK24 billion, experiencing a negative organic growth of 3.5%, which was partially mitigated by a strong price mix. The operating margin showed resilience at 13.5%, slightly surpassing the same period last year, driven by effective pricing strategies, portfolio management, and favorable currency effects. However, the quarter faced challenges with weak cash flow due to increased net working capital and FX headwinds. Regionally, EMEA experienced a negative organic growth of 7%, while China and Northeast Asia saw a positive growth of 2%. In contrast, Americas and India reported negative growth, influenced by previous timing effects. The industrial segment, comprising 70% of net sales, showed a strong margin of 16.9%, whereas the automotive segment faced a margin of 5.2% amid challenging market conditions. SKF is actively working on mitigating tariff impacts through strategic price changes and operational adjustments to navigate the volatile geopolitical environment.Resilient Operating Margin
Despite negative organic growth for seven consecutive quarters, SKF reported an operating margin of 13.5%, slightly ahead of the same quarter last year, driven by strong pricing capabilities and effective cost management.
Positive Organic Growth in China and Northeast Asia
After seven quarters of negative growth, China and Northeast Asia achieved a positive organic growth of 2%, driven by strong demand in the automotive sector, particularly in the EV space.
Successful Mitigation of Tariff Impacts
SKF established a tariff command center and introduced price changes and tariff surcharges, effectively managing to navigate the volatile environment without significant financial impact in Q1.
Innovation and Sustainability Initiatives
SKF launched new innovative products in the railway, mining, and industrial electrical motors sectors, enhancing customer value and supporting sustainability goals.
Strong Demand in Aerospace and Rail Sectors
The Americas region continued to see strong demand in aerospace, while rail was a bright spot in India and Southeast Asia.
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SKFRY Earnings History
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
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SKFRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 25, 2025 | $19.08 | $19.21 | +0.68% |
| Jan 31, 2025 | $20.16 | $19.79 | -1.84% |
| Oct 30, 2024 | $18.58 | $18.91 | +1.78% |
| Jul 18, 2024 | $19.85 | $19.03 | -4.13% |
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.
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FAQ
When does SKF AB Class B (SKFRY) report earnings?
SKF AB Class B (SKFRY) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is SKF AB Class B (SKFRY) earnings time?
SKF AB Class B (SKFRY) earnings time is at Apr 25, 2025, TBA Not 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 2025 (Q1) is 0.4.
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