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 ...

Premium Content (PAID Subscription Required)

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


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×