SKF News

Latest breaking news and updates for SKF stock.

Track all markets on TradingView

SKF divests non-core aerospace operation in Elgin, USA

GOTHENBURG, Sweden, Aug. 18, 2025 /PRNewswire/ -- As part of SKF's strategic focus on its core aerospace areas and exit of non-strategic business lines, the Group has signed an agreement to divest ...

How does this strategic refocus compare to recent moves by SKF's peers in the aerospace sector, and what implications does it have for the company's competitive positioning? What valuation multiples and cash proceeds are expected from the sale, and how will they impact SKF's balance sheet and leverage ratios? How will the divestiture of the Elgin precision elastomeric device operation affect SKF's revenue and earnings guidance?
Mergers
12 days ago
Read more prnewswire

SKF divests non-core aerospace operation in Elgin, USA

GOTHENBURG, Sweden, Aug. 18, 2025 /PRNewswire/ -- As part of SKF's strategic focus on its core aerospace areas and exit of non-strategic business lines, the Group has signed an agreement to divest ...

Will the strategic focus on core aerospace areas improve SKF's competitive positioning and market share in the sector? What price and terms were agreed for the PED operation sale, and how will the proceeds be allocated? How will the divestiture affect SKF's upcoming earnings and revenue forecasts?
Mergers
12 days ago
Read more prnewswire

SKF Ready to Help Power Attendees at Farm Progress Show

SKF to Showcase Capabilities and Solutions at Nation's Largest Outdoor Farm Event ST. LOUIS, Aug. 11, 2025 /PRNewswire/ -- SKF will attend the Farm Progress Show this Aug. 26-28 in Decatur, Illinoi...

Will the event lead to any changes in SKF's guidance or earnings estimates? How does the timing of this event align with SKF’s product launch schedule and inventory levels? What are the potential risks if the event does not meet attendee or lead generation expectations?
Industry
18 days ago
Read more prnewswire