Q2 2024 SKF AB Earnings Call Transcript

Jul 18, 2024 / 06:00AM GMT
Sophie Arnius - SKF AB - Director - SKF Group Investor Relations

A warm welcome to SKF's Q2-2024 earnings call. I'm Sophie Arnius, and I'm heading up Investor Relations. Our CEO, Rickard Gustafson; and CFO, Niclas Rosenlew, will take us through the highlights of the quarter where the performance marked another step towards a more resilient and competitive SKF. (Event Instructions)

So without further ado, it's great to hand over to you, Rickard.

Rickard Gustafson - SKF AB - President, Chief Executive Officer, Director

Thank you, Sophie, and a warm welcome to all of you joining on this earnings call. As Sophie mentioned, the story continues. We are creating a more competitive company capable of delivering consistent margins regardless of demand fluctuations.

And to support this statement, I'd like to draw your attention to the right-hand side of this chart. The solid line represents our adjusted operating margin, albeit on a rolling 12-month basis. And as you can see, it actually holds up pretty well despite a rather volatile organic growth

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot