SKF net dips almost 11% in Q4 of FY2011

News
Corporate developments

Faced lower demand and expect trend to continue in Q1 2012

SKF posted SEK1.2bn (USD174.02m, 31 December 2011) in fourth quarter (Q4) 2011 ending 31 December 2011, down 10.7% year-on-year (y/y), says a company press release.

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