SKF AB Class B
SKF B: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <$$ | LOCK|>< | LOCK|ht#$&h! |
SKF Earnings: Margin Resilient Despite Continued Downcycle; Shares Fairly Valued
SKF reported second-quarter revenue of SEK 25.6 billion, down 9.6% year over year. Despite a 0.2% decline in organic growth, disciplined pricing and cost controls supported the group’s adjusted operating margin, which improved to 13.3% from 13% last year. Cash flow recovered to SEK 2.8 billion.
