SKF AB

Latest Results (15.11.2025):

SKF AB’s Q3 2025 financial results reflect a mixed performance with modest organic sales growth and improved margins in a challenging market environment. The company reported net sales of MSEK 22,482 (down from MSEK 23,692 last year) and achieved an adjusted operating margin of 12.3%, compared to 11.9% previously. While operating profit declined to MSEK 2,007 (from MSEK 2,526), organic growth improved to +2.0% versus –4.4% last year, driven by favorable price/mix adjustments and strong performance in the Industrial segment despite headwinds in the Automotive business. Currency effects, tariff-related pressures, and costs associated with the Automotive separation continued to challenge cash flow and overall profitability.

Net Sales & Growth

Net sales for Q3 2025 were MSEK 22,482, marking a decrease from the previous year’s MSEK 23,692, with organic growth improving to +2.0% compared to –4.4%. This shift reflects the impact of a challenging market alongside successful price and mix initiatives.

Operating Margin & Profitability

The adjusted operating margin improved to 12.3% from 11.9%. However, overall operating profit fell to MSEK 2,007, in line with cost pressures, lower manufacturing volumes, and negative currency impacts. Adjusted operating profit was slightly better at MSEK 2,762 compared to MSEK 2,821 previously.

Segment Performance & Strategic Actions

The Industrial business showed strength with approximately 4% organic growth, while the Automotive segment faced challenges, declining by about 2% due to ongoing separation efforts and market demand issues impacted by tariffs and currency effects. SKF AB continues to invest in strategic actions such as pricing adjustments and cost control initiatives to enhance profitability and prepare for future growth.