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SKF Annual Report 2018 published

SKF
Læs udgivelse

Alrik Danielson, President and CEO, says: "2018 has been an exciting and record year for SKF. We have made significant progress in developing our value propositions around the rotating shaft, as well as continued to invest in modernizing our factories and in R&D. From a financial performance point of view, 2018 has been a record year, with an organic growth rate of 7.1% and an operating margin of 12.9%. We are currently meeting or exceeding four of our five financial targets.

"We have also made good progress towards the Group's climate-related targets. We have achieved a 24% reduction in the CO2 emissions per tonne of sold bearings compared to the 2015 base year. Our ambition is to reach a 40% reduction by 2025. We have achieved this by increasing the amount of renewable energy we source, as well as through energy efficiency improvements in our factories."

The SKF Annual Report is available for download on www.skf.com/investors.

Aktiebolaget SKF
     (publ.)

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