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Tag: earnings

SKF Q3 2025: Improved Margin in Challenging Market Conditions

 Net sales: MSEK 22,482 (23,692) Organic growth: 2.0% (−4.4%), driven by organic sales growth for the Industrial business, partly offset by negative market...

Timken Reports Second-Quarter 2025 Results

 Sales of $1.17 billion, down less than 1 percent from last year Second-quarter diluted EPS of $1.12; adjusted EPS of $1.42 Strong cash from operations of $111...

SKF Q1 2025: Strong Margin in Turbulent Markets

 Q1 2025Net sales:MSEK 23,966 (24,699) Organic growth:−3.5% (−7.0%), driven by lower market demand across regions and industries, except for aerospace showing continuous growth. ...

Timken Reports Third-Quarter 2024 Results

 Sales of $1.13 billion, down 1.4 percent from last year Third-quarter earnings per share of $1.16; adjusted EPS of $1.23 Cash from operations of $123 million and free...

Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023

 Sales of $1.09 billion in the fourth quarter, up 1 percent from last year Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37 Record full-year sales...

Schaeffler Reports Strong Third Quarter Despite Challenging Market Conditions

 Schaeffler Group increases revenue for the first nine months of 2023 by 6.6 percent at constant currency to 12.3 billion euros (prior year:...

Timken Reports Third-Quarter 2023 Results

 Sales of $1.14 billion, up approximately 1 percent from last year Third-quarter earnings per share of $1.23; adjusted EPS of $1.55 Strong cash from operations of $194...

Timken Reports Record First-Quarter 2023 Results

 Record sales of $1.26 billion, up 12 percent in total and 11 percent organically from last year Record first-quarter EPS of $1.67; with all-time record...

Timken to Announce First-Quarter 2023 Financial Results on May 3

 The Timken Company, a global leader in engineered bearings and industrial motion products, will release its first-quarter 2023 financial results on Wednesday, May 3,...

Schaeffler Group closes 2022 with solid earnings

 Schaeffler Group revenue up 9.4 percent at constant currency to 15.8 billion EBIT before special items of 1,046 million euros results in EBIT margin before special...