(Adds details, share, analyst) STOCKHOLM, April 25 (Reuters) - SKF , the world's biggest bearings maker, reported first-quarter pretax profit above market consensus on Tuesday and said it saw slightly better demand in the second quarter, sending its shares up. Quarterly pretax profit rose to 1.60 billion crowns ($212 million) from 1.18 billion a year earlier, topping the highest forecast of 1.51 billion crowns in a Reuters poll. Sales rose to 13.29 billion crowns from 11.87 billion in ...
Premium Content (PAID Subscription Required)
"UPDATE 1-SKF Q1 strong, sees higher demand" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.