SKF Reports Third-Quarter Adjusted Operating Profit Slightly Above Expectations
SKF said third-quarter adjusted operating profit was slightly higher than expected and forecast continuing operations’ organic sales would grow somewhat in the fourth quarter.
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05:58:47 AM UTC
SquawkNews
Industrial bearings maker SKF OMXSTO:SKF_A, a bellwether of the global manufacturing sector, reported on Wednesday a slightly bigger rise than expected in third-quarter profit and said its markets remained highly volatile.
05:59:34 AM UTC
SquawkNews
SKF Q3 2026: Improved margin and selectively higher demand
Swedish industrial bearings manufacturer SKF (OMXSTO:SKF_A) said Wednesday that adjusted operating profit in the third quarter was slightly above expectations. The company forecast that organic sales from continuing operations would increase somewhat in the fourth quarter.