UPDATE 1-SKF Q4 hits record, plans 6.6 SEK bln pay-out

Newswire

(Adds detail, background, share reaction) STOCKHOLM, Jan 30 (Reuters) - SKF , the world's biggest bearings maker said it planned to pay out 6.6 billion Swedish crowns ($946.5 million) to shareholders after posting better-than-expected quarterly pretax profits on Tuesday, lifting its shares. The record fourth-quarter pretax earnings rose to 1.85 billion Swedish crowns versus a year-ago 1.28 billion and a mean forecast of 1.53 billion in a Reuters poll of 14 analysts. SKF shares surged ...

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