275.20
+1.47%
Close of 9 Nov 2026, in SEK
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About SKF
Its shares trade on Nasdaq Stockholm under the ticker SKF B.ST. It has been listed since 30 March 1905. In the fiscal year to 31 December 2025, it reported revenue of SEK 91.58bn and net income of SEK 3.93bn. At that date it held total assets of SEK 106.42bn and shareholders' equity of SEK 53.56bn.
SKF AB engages in the manufacture of machine and rotating equipment. The company is headquartered in Goeteborg, Vastra Gotalands. The firm's services include technical support, maintenance services, condition monitoring, asset efficiency optimization, engineering consultancy and training. The firm's segments include Industrial and Automotive. The firm develops and manufactures a range of products for the industrial market, including bearings, seals, lubrication systems and condition monitoring. The company also provides a range of services and solutions around the rotating shaft in the areas of machine health, reliability engineering and remanufacturing. The firm provides a range of products, solutions and services to manufacturers of cars, light and heavy trucks, trailers, buses and two-wheelers. The vehicle aftermarket is served directly, as well as indirectly through a network of distributors and dealers.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 30 Mar 1905
- Employees
- 43,134
- Website
- skf.com ↗
Leadership
Pay as last reported
- Mr. Hans StrabergIndependent Chairman of the BoardSEK 3.1m
- Mr. Rickard GustafsonPresident, Chief Executive Officer, Director, since 2021SEK 31.2m
- Mr. Mats RahmstroemVice Chairman of the Board, since 2025
- Mr. Hakan BuskheVice Chairman of the BoardSEK 1.9m
- Ms. Susanne LarssonSenior Vice President, Chief Financial Officer, Chief Sustainability Officer
- Mr. Manish BhatnagarPresident, Industrial Region Americas
- Ms. Kerstin EnochssonPresident - Automotive
- Mr. David JohanssonPresident - Industrial Region Europe Middle East and Africa
- Mr. Hans LandinPresident - Specialized Industrial Solutions
- Mr. Mukund VasudevanPresident - Industrial Region India and Southeast Asia
- Mr. Henry WangPresident - Industrial Region China and Northeast Asia
- Ms. Annika OlmeSenior Vice President - Technology Development, Chief Technology Officer
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 87
- Environment
- 99
- Social
- 99
- Governance
- 62
- Direct emissions (scope 1)
- 49,716 t
- Energy emissions (scope 2)
- 447,320 t
- Value chain emissions (scope 3)
- 2,209,448 t
- Women in the workforce
- 22%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong brand reputation with a long-standing history in the industry.
- Global presence and extensive distribution network, allowing for broad market reach.
- Diverse product portfolio catering to various industries, providing a competitive advantage.
Weaknesses
- Dependence on the performance of the industrial sector, making the company vulnerable to market fluctuations.
- Limited innovation in comparison to competitors, potentially hindering long-term growth.
- Exposure to fluctuations in raw material prices, impacting profitability.
Opportunities
- Emerging markets offer growth potential due to increasing industrialization and infrastructure development.
- Adoption of Industry 4.0 technologies presents opportunities for SKF to provide advanced solutions.
- Focus on sustainability and environmental solutions can attract customers seeking eco-friendly products.
Threats
- Intense competition from local and international players in the industry.
- Economic downturns and geopolitical uncertainties may lead to a decrease in demand.
- Rapid technological advancements could render certain products or technologies obsolete.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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