SKF Q4 tops consensus, eyes 6.6 SEK bln pay-out

Newswire

STOCKHOLM, Jan 30 (Reuters) - Sweden's SKF , the world's biggest bearings maker, posted fourth quarter pretax profits above market expectations on Tuesday and said it planned to pay out 6.6 billion crowns in dividends to shareholders. Quarterly pretax earnings rose to 1.85 billion Swedish crowns ($265.3 million) versus a year-ago 1.28 billion and a mean forecast of 1.53 billion in a Reuters poll of 14 analysts. The firm proposed that it pay an extraordinary dividend of 10 crowns per ...

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