AB SKF

Overview

AB SKF (SKF) is a supplier of products, solutions and services within bearings, seals, mechatronics and lubrication systems. The company offers services such as technical support, condition monitoring, maintenance services, asset efficiency optimization, engineering consultancy, including materials analysis and testing, and training. It provides products and related technologies to original equipment manufacturers and aftermarket customers in aerospace, automotive, industrial goods and machine tools, construction, marine, oil and gas, agriculture and home appliances industries. The company operates manufacturing units and technology centers in Europe, the Americas, Asia Pacific, the Middle East and Africa. SKF is headquartered in Goteborg, Vastra Gotaland, Sweden.
Key Stats
Address
Sven Wingqvists gata 2, GOETEBORG, Sweden
Headquarters

Sweden

Contact

46 31 3371000

Website
www.skf.com
No of Employees

41,433

Industry

Industrial Goods and Machinery

Ticker Symbol & Exchange​

SKF B [STO]

Revenue (2020)

$8,134 m

-10.6% (2020 vs 2019)
Net Income (2020)

$467 m

-20.6% (2020 vs 2019)
Net Profit Margin

6 %

-11.2% (2020 vs 2019)
Market Cap *

$11,290 m

EPS *

$1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters AB SKFSchaeffler AGJTEKT CorpMinebeaMitsumi Inc
Key Information
Headquarters Sweden Germany Japan Japan
Headquarter City GOETEBORG HERZOGENAURACH KARIYA-SHI KITASAKU-GUN
Headquarter State/Province - - Aichi Nagano
No. of Employees 41,433 83,945 48,332 83,011
Entity Type Public Public Public Public

Products & Services

SKF is a manufacturer and supplier of bearings and lubrication systems. Key products, services and brands offered by the company include:

Products
  • Bearings, Units and Housings:
  • Ball Bearings
  • Roller Bearings
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Asset Management
  • Consulting
  • Logistics
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
Brands
  • SKF
  • Kaydon
  • Cooper
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Rickard Gustafson Director; President; Chief Executive Officer Executive Board 2021 57 Mr. Rickard Gustafson has been the President, Chief Executive Officer and a Director of the company since 2021. Prior to...
Niclas Rosenlew Senior Vice President; Chief Financial Officer Senior Management 2019 49 Mr. Christian Johansson has been the Chief Financial Officer and Senior Vice President of the company since 2019. Prior to...
Victoria van Camp President - SKF Technology; Chief Technology Officer Senior Management - 55 Ms. Victoria Van Camp serves as the Chief Technology Officer and President of SKF Technology of the company. Prior to...
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History

Year Event Description
2021 Contracts/Agreements In May, the company partnered with Great Plains to create a new 7-lip seal package…
2021 New Products/Services In April, the company developed a hydraulic barrel pump for large automatic lubrication systems that…
2021 New Products/Services In March, the company launched high precision bearings based on bearings technology for use in…
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2021 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
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Locations


SKF South Africa (Pty) Ltd.

Address

PO Box 13157, Witfield, Boksburg
South Africa

Telephone

27 11 8213500

Website

www.skf.co.za
SKF Norge AS

Address

Grindalsmoen, Hedmark, Elverum
Norway

Telephone

47 - 4762417930

Website

www.skf.no
Industrial Tectonics Inc.

Address

7222 W. Huron River Drive, Dexter
United States of America

Telephone

1 734 4264681

SKF (China) Co. Ltd.

Address

28/F, Eastern Tower, 689 Beijing Road (East), Shanghai
China

Telephone

86 21 53068666

Website

www.skf.com.cn
SKF Lubrication Systems Germany GmbH

Address

Competence Center Erkrath, Neuenhausplatz 73
Germany

Telephone

49 211 2099 62 0

General Bearing Corporation

Address

44 High Street, West Nyack
United States of America

Telephone

1 845 3586000

Website

www.generalbearing.com
SKF Australia Pty Ltd

Address

17-21 Stamford Road, Oakleigh
Australia

Telephone

61 3 92690800

Website

www.skf.com.au
SKF Espanola, S.A.

Address

Avenida Manoteras 20, Madrid
Spain

Telephone

34 917 68 42 0

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
10 Feb 2021 SKF Raises USD363 Million in Public Offering of Bonds Due 2031 Debt Offering AB SKF
23 Sep 2020 Rorick Elektriska Verkstad to Acquire Spindle Service Operations in Sweden from SKF Asset Transaction Rorick Elektriska Verkstad AB AB SKF
23 Sep 2020 Momentum Group to Acquire Spindle Service Operations from SKF Asset Transaction Momentum Group AB AB SKF
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02 Jun 2020 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
15 Nov 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

344

Active Jobs

117

Posted

171

Closed

Job Trends

Latest Jobs

Job title Company Country
People Service Specialist AB SKF United States
Lead Security Engineer AB SKF United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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