SKF Year-end report 2022: Strong organic sales and cash flow development
Q4 2022
Net sales: SEK 25,361 million (20,986) Organic growth: 9.7% (3.8%) Adjusted operating profit/margin: SEK 2,542 million, 10.0% (2,260, 10.8%)
Full year 2022
Net sales: SEK 96,933 million (81,732) Organic growth: 8.1% (12.6%) Adjusted operating profit/margin: SEK 10,204 million, 10.5% (10,839, 13.3%)
Rickard Gustafson, President and CEO:
“Review of 2022
2022 was a year in which we accelerated our strategic development in earnest. We’ve capitalized on opportunities in our target growth areas delivering double-digit growth in several strategically important segments.