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New SKF Energy Efficient bearing for final drive cuts fuel cost for heavy trucks

Luton, 14, May 2013: SKF launches the SKF Energy Efficient (E2) tapered roller bearing (TRB), especially designed for truck final drive...
“All our product engineering efforts are focused towards having solutions that are energy efficient, long lasting and reducing cost for the truck and fleet owners. They should also be easy to install and cost efficient. It is all about saving money and time, but also...

Annual General Meeting of AB SKF

Gothenburg, 26 April 2013: The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held today, under the chairmanship of Mr Leif Östling.

The income statements and the balance sheets were adopted, together with the Board’s proposal for distribution of dividend. A dividend of SEK 5.50 per share was approved. To be entitled to receive the dividend, shareholders must be recorded in the...
 

SKF solution for aeration blower systems cuts energy costs by up to 40%

SKF today announced the launch of an energy efficient high speed motor on magnetic bearings system for aeration blowers in wastewater facilities that can reduce energy consumption by up to 40 percent. In wastewater facilities, the aeration blower system can demand as much as 80 percent of the plant’s total energy consumption, so the SKF solution offers the potential to make huge energy...
 

Latest SKF Sealed Energy Efficient deep groove ball bearing cuts friction by ove...

The latest Sealed Energy Efficient deep groove ball bearing (sealed E2 DGBB) from SKF reduces frictional losses by up to 30%. This helps to save energy and reduce CO2 in a wide range of applications, from...
The latest sealed E2 DGBB incorporates a number of new features, including the addition of a seal that provides minimal interference between the inner ring and seal lip, without compromising the performance...

SKF First-quarter report 2013

Tom Johnstone, President and CEO:
“SKF delivered a good solid performance in the quarter despite sales being lower than expected and significantly lower than the record sales in the first quarter last year. The steps which we are taking to adjust our cost base are giving results as can be seen by the positive sequential margin development.
There is continued uncertainty and cautiousness in the market place and this...
 

SKF launches SKF Insight™, groundbreaking intelligent bearing technology

Set to revolutionise the future of machine condition monitoring Gothenburg, 8 April 2013: SKF launches SKF Insight™, a groundbreaking innovation in intelligent wireless technologies that are integrated into SKF bearings. SKF developments in various smart technologies now enable bearings to communicate their operating conditions continuously, with internally powered sensors and data acquisition electronics. Bearings...

SKF’s first-quarter results will be published on 17 April 2013

Gothenburg, 15 April 2013: The SKF Group will publish their first-quarter results on 17 April, 2013 and invites investors, analysts and the media to take part in the conference call. It will be held in English, at 09.30 (CEST), 08.30 (UK).

The following SKF executives will be present:
Tom Johnstone, President and CEO
Tore Bertilsson, Executive Vice President and CFO
Henrik Lange, Executive Vice President and...

SKF’s programme to improve efficiency, reduce cost and strengthen profitable gro...

SKF's programme to improve efficiency, reduce cost and strengthen profitable growth continues as planned. SKF will report restructuring cost of around SEK 250 million in the first quarter of 2013, for the second stage of the programme that was announced at the beginning of the year (see press release of 14 January 2013).
The cost will mainly have an impact on the business area SKF Industrial Market, Strategic...
 

SKF launches SKF Insight™, groundbreaking intelligent bearing technology

Set to revolutionise the future of machine condition monitoring
Gothenburg, 8 April 2013: SKF launches SKF Insight™, a groundbreaking innovation in intelligent wireless technologies that are integrated into SKF bearings. SKF developments in various smart technologies now enable bearings to communicate their operating conditions continuously, with internally powered sensors and data acquisition electronics....

The announcement of change in the total number of votes in AB SKF

Gothenburg 28 March 2013: Due to conversions of shares from series A to series B in accordance with the company’s Articles of Association, AB SKF confirms the following. As per 28 March the company’s share capital amounts to 1 138 377 670 SEK and the total number of shares amounts to 42, 420 300 shares of series A and 412, 930 768 shares of series B. The number of votes in the company amounts to 83, 713 377. AB SKF...