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Tag: Report

Timken Reports Strong Second-Quarter 2023 Results

  Record sales of $1.27 billion, up 10 percent from last year Second-quarter EPS of $1.73; adjusted EPS of $2.01 Net income margin of 9.8 percent; adjusted...

SKF Year-end report 2022: Strong organic sales and cash flow development

  Net sales: SEK 25,361 million (20,986) Organic growth: 9.7% (3.8%) Adjusted operating profit/margin: SEK 2,542 million, 10.0% (2,260, 10.8%) Full year 2022 Net sales: SEK 96,933 million (81,732) Organic growth: 8.1% (12.6%) Adjusted operating profit/margin:...

SKF Nine-month report 2022: Strong organic sales growth; severe cost inflation...

  Rickard Gustafson, President and CEO: “Review of the third quarter During the third quarter, we delivered strong organic sales growth of 11%, a clear indication that...

Timken Reports Strong Third-Quarter 2022 Results

  Sales of $1.14 billion, up nearly 10 percent in total and 14 percent organically from last year Third-quarter earnings per diluted share of $1.18 on a...

SKF Half-year report 2022: Solid growth and increasing price realization helping...

  Rickard Gustafson, President and CEO: “Review of the second quarter In the second quarter we saw organic revenue growth above 5%, driven by a general strong...

SKF First-quarter report 2022: Strong growth with improved industrial margin

  Rickard Gustafson, President and CEO: “In the first quarter, we managed to deliver strong results and growth in an external environment characterized by supply constraints...

SKF, Timken and Schaeffler Announce Quarter 1 Results

  Check-out on the links below the detailed Q1 results for SKF, Timken and Schaeffler. Q1 results SKF: SKF First-quarter report 2022: Strong growth with improved...

Timken Reports Third-Quarter 2021 Results

  Sales of $1.04 billion, up 16 percent from last year Earnings per diluted share of $1.14 on a GAAP basis; adjusted earnings per...

SKF Nine-month report 2021: Industrial maintains its strong momentum; Automotive hit...

  Rickard Gustafson, President and CEO: “The third quarter saw continued solid demand. Our Industrial business, which represents approximately 75% of sales, main­tained its strong momentum,...

Timken Reports Record First-Quarter 2021 Results; Raises Full-Year Outlook

  Posted record sales of $1.03 billion, up 11 percent from last year Delivered strong earnings per diluted share of $1.47 on a GAAP...