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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:Jan 31, 2025
|% Change Since: -13.94%
|Next Earnings Date:Apr 25, 2025
Earnings Call Sentiment|Neutral
SKF demonstrated resilience in maintaining margins and strong cash flow despite facing multiple challenges including negative organic growth, particularly in the automotive segment and in China. Regionalization efforts and growth in select markets like Americas were positive, but overall, the challenges balanced out the achievements.Company Guidance
During SKF's earnings call for the fourth quarter of 2024, the company provided guidance for the first quarter of 2025, expecting a somewhat weakened year-over-year organic sales outlook. Despite reporting a sixth consecutive quarter of negative organic growth at -3%, SKF maintained a robust margin resilience, with an adjusted operating margin slightly above 11%. The full year saw net sales close to SEK 100 billion and a strong cash generation of nearly SEK 11 billion. The regionalization efforts were highlighted, with Americas and Asia achieving regionalization rates of 70% and 68%, respectively. SKF also announced an increase in the proposed dividend from SEK 750 to SEK 775. The call emphasized the ongoing separation of the Industrial and Automotive businesses, with a Capital Markets Day scheduled for November 11, 2025, to provide further details.Resilient Operating Margin
Despite facing a challenging market with a negative organic growth of minus 3% in Q4 and minus 5% for the full year, SKF maintained its operating margin close to the previous year's levels, demonstrating strong margin resilience.
Strong Cash Generation
SKF reported robust cash flow of SEK3.3 billion in Q4 and almost SEK11 billion for the full year, showcasing effective cash management despite a challenging environment.
Increased Dividend Proposal
SKF proposed a slight increase in dividends from SEK750 to SEK775, reflecting confidence in their financial foundation and future growth prospects.
Regionalization Progress
Significant advancements were made in regionalization efforts, with Americas reaching 70% and Asia 68%, up by 3 and 5 percentage points respectively.
Positive Growth in Americas and Southeast Asia
Americas returned to growth with strong net sales, and high activity levels were noted in India, Indonesia, and Vietnam.
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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 |
|---|---|---|---|
| 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% |
| Apr 26, 2024 | $19.60 | $20.03 | +2.19% |
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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