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Swedish bearings maker SKF on Tuesday detailed its strategy to separate its industrial and automotive businesses, a move that will involve restructuring and separation charges totaling 6.5 billion Swedish kronor.
Swedish bearings maker SKF said Wednesday that costs related to the planned spin-off of its automotive business hit its third-quarter cash flow.
Swedish bearings maker SKF said Friday it will cut a net 1,200 jobs, primarily staff positions in Europe, as part of a plan to improve the competitiveness of its industrial business.
| 7 Mar 2025 |
| SKF continues the preparations for the separation of its Automotive business; initiates consent solicitation | 7 Feb 2025 |
| SKF Year-end report Q4 2024: Strong execution supporting margin resilience | 31 Jan 2025 |
| Announcement of change in the total number of votes in AB SKF | 31 Jan 2025 |
| Announcement of change in the total number of votes in AB SKF | 30 Dec 2024 |