AB SKF is the parent company of the SKF Group, which supplies products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. Services include technical support, maintenance services, condition monitoring, asset optimization, engineering consultancy and training. Co.'s business areas are: SKF Industrial Market - Strategic Industries, which includes bearings and bearing accessories and lubrication systems; SKF Industrial Market - Regional Sales and Service, which develops SKF Solution Factory facilities providing engineering capability; and SKF Automotive, which develops and manufactures bearings, seals and related products and services.
  • TickerSKF B
  • ISINSE0000108227
  • ExchangeNasdaq Nordic Stockholm
  • SectorIndustrial Engineering
  • CountrySweden
Jimi Lehtonen ...
  • Martin Arnell
  • Mattias Holmberg
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Viktor Trollsten

Northern Lights

Aksel Øverland Engebakken ...
  • Anders Idborg
  • Erik Moberg
  • Martin Melbye
  • Olof Cederholm
  • Patrik Brattelius
  • Rickard Anderkrans

Talking Points - Adevinta (Buy): Creating an attractive global leader

Betsson (Hold) Post-result: Exceeding expectations NewCo likely to have 15-20% EBITDA growth in next 4 years TP up to NOK 175, EV/EBITDA 25x in 22e, 17% peer premium

Olof Larshammar

SKF (Buy, TP: SEK255.00) - Q2 supports our long-term case

We believe SKF’s Q2 report supports our long-term case in which we forecast a steady improvement in the EBIT margin to 15.0% in 2022, fuelled by automation investments and fewer white-collar employees. We also see potential for SKF to lift its EBIT margin target to 14% over a cycle. We reiterate our BUY and SEK255 target price.

Anders Idborg ...
  • Olof Cederholm

SKF - Impressive cost control despite weak demand

Adj. EBIT ests unchanged, reported down on charges Great cost control, land sale support the margin Maintain BUY and SEK 200 target price

Anders Idborg ...
  • Olof Cederholm

SKF - Another strong cost performance

Q2 adj. EBIT +12% and +33% vs. ABGSCe/cons We expect to see 2020-21e adj. EBIT up 2-5% Maintain BUY, cost improvement trend intact

Aksel Øverland Engebakken ...
  • Anders Idborg
  • Erik Moberg
  • Martin Melbye
  • Olof Cederholm
  • Patrik Brattelius
  • Rickard Anderkrans

Talking Points - Adevinta (Buy): Creating an attractive global leader

Betsson (Hold) Post-result: Exceeding expectations NewCo likely to have 15-20% EBITDA growth in next 4 years TP up to NOK 175, EV/EBITDA 25x in 22e, 17% peer premium

Olof Larshammar

SKF (Buy, TP: SEK255.00) - Q2 supports our long-term case

We believe SKF’s Q2 report supports our long-term case in which we forecast a steady improvement in the EBIT margin to 15.0% in 2022, fuelled by automation investments and fewer white-collar employees. We also see potential for SKF to lift its EBIT margin target to 14% over a cycle. We reiterate our BUY and SEK255 target price.

Anders Idborg ...
  • Olof Cederholm

SKF - Impressive cost control despite weak demand

Adj. EBIT ests unchanged, reported down on charges Great cost control, land sale support the margin Maintain BUY and SEK 200 target price

Anders Idborg ...
  • Olof Cederholm

SKF - Another strong cost performance

Q2 adj. EBIT +12% and +33% vs. ABGSCe/cons We expect to see 2020-21e adj. EBIT up 2-5% Maintain BUY, cost improvement trend intact

Anders Idborg ...
  • Olof Cederholm

SKF - Heads-up for report 21 July

SKF will report Q2 on Tuesday 21 July at 7.30 CET. A conference call will follow at 8.30, dial-in: International +44 (0) 2071 928338, Sweden +46 (0) 8 5661 8467

SKF AB: Annual Update

CORPORATES CREDIT OPINION 9 February 2017 Update RATINGS SKF AB Domicile Sweden Long Term Rating Baa2 Type Senior Unsecured - Fgn Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Oliver Giani 49-69-70730-722

Jimi Lehtonen ...
  • Martin Arnell
  • Mattias Holmberg
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Viktor Trollsten

Northern Lights

Karl-Johan Bonnevier ...
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Paul Harper

Northern Lights

Alexander Aukner ...
  • Christoffer Wang Bjørnsen
  • Jesper Ingildsen
  • Jimi Lehtonen
  • Joachim Gunell
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Niklas Wetterling
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen
  • Tomi Railo

Northern Lights

Christer Magnergård ...
  • Christoffer Wang Bjørnsen
  • Jesper Ingildsen
  • Jon Masdal
  • Martin Arnell
  • Martin Hoang Nguyen
  • Mattias Holmberg
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Rune Majlund Dahl
  • Tomi Railo

Northern Lights

Alexander Aukner ...
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling

Northern Lights

With a more favourable environment, AB SKF improves to Slightly Positive

AB SKF (SE), a company active in the Industrial Machinery industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date May 22, 2020, the closing price was SEK 156.20 and its potential was estimated at SEK 177.49.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

SKF - AGM 26 March 2020

In general, SKF is in compliance with the Swedish regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEMS 14.1-14.9, the (re-)election of the board of directors is proposed. In view of insufficient independent representation on the board as well as concerns over aggregate time commitments, ECGS recommends to vote OPPOSE to the (re-)election of: Mr. Hans Stråberg (ITEM 14.1), Mr. Ronnie Leten (ITEM 14.4), Mr. Geert Follens (ITEM 14.7) and proposed new nominee Mr. Håkan Buskhe (ITEM 14.8). Under ITEM 15 the nomination committee proposes to re-appoint...

Expert Corporate Governance Service (ECGS)

SKF, March 28, 2019

In general, SKF is in compliance with the Swedish regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEMS 14.1-14.9, the (re-)election of the board of directors is proposed. In light of insufficient independent representation on the board as well as concerns over aggregate time commitments, ECGS recommends to vote OPPOSE to the (re-)election  of: Mr. Hans Straberg (ITEM 14.1), Mr. Lars Wedenborn (ITEM 14.2), Ms. Nancy Gougarty (ITEM 14.5), Mr. Ronnie Leten (ITEM 14.6), Ms. Colleen Repplier (ITEM 14.8) and proposed new nominee Mr. Geert Follens (ITEM ...

SKF – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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