SKF AB (OTCPK:SKFRY)

$ 19.43 -0.295 (-1.5%) Market Cap: 8.85 Bil Enterprise Value: 10.06 Bil PE Ratio: 16.40 PB Ratio: 1.74 GF Score: 73/100

Q2 2024 SKF AB Earnings Call Transcript

Jul 18, 2024 / 06:00AM GMT

Release Date Price: $19.42 (-4.69%)

Transcript

Sophie Arnius

SKF AB - Director - SKF Group Investor Relations

A warm welcome to SKF's Q2-2024 earnings call. I'm Sophie Arnius, and I'm heading up Investor Relations. Our CEO, Rickard Gustafson; and CFO, Niclas Rosenlew, will take us through the highlights of the quarter where the performance marked another step towards a more resilient and competitive SKF. (Event Instructions)

So without further ado, it's great to hand over to you, Rickard.

Rickard Gustafson

SKF AB - President, Chief Executive Officer, Director

Thank you, Sophie, and a warm welcome to all of you joining on this earnings call. As Sophie mentioned, the story continues. We are creating a more competitive company capable of delivering consistent margins regardless of demand fluctuations.

And to support this statement, I'd like to draw your attention to the right-hand side of this chart. The solid line represents our adjusted operating margin, albeit on a rolling 12-month basis. And as you can see, it actually holds up pretty well despite a rather volatile organic growth

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.