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Earnings Data
Report Date
Jul 17, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.39Last Year’s EPS
0.12Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
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
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.
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
SKFRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 21, 2026 | $26.73 | $25.86 | -3.24% |
Jan 30, 2026 | $28.06 | $25.95 | -7.52% |
Oct 29, 2025 | $26.88 | $25.93 | -3.52% |
Jul 18, 2025 | $22.91 | $23.69 | +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 17, 2026, Before Open (Confirmed).
What is SKF AB Class B (SKFRY) earnings time?
SKF AB Class B (SKFRY) earnings time is at Jul 17, 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 0.39.