Year-end report 2017 - SKF

1 SKF Year-end report 2017We have had a strong finish to 2017 , a year characterized by strong demand in most markets. In the fourth quarter, net sales, at SEK billion, grew organically by over 8%, with near- double-digit growth in Automotive. Europe and Asia saw strong sales growth, 9% and 10%, respectively, driven by high general levels of industrial activity and a strong automotive market. In North America, sales growth was 5%. Our focus on raising prices, for both distributors and OEMs, and controlling costs is bearing fruit. Our adjusted operating profit was SEK billion in the quarter, an increase of SEK 350 million compared to last year .

SKF Year-end report 2017 3 Q4 Full year 2017 Segment information Organic Structure Currency Total Organic Structure Currency Total Net sales, change y-o-y, %:

Loading..

Tags:

  2017, Year, Skf year, Year 2017

Information

Related search queries