SKF’s net profit down 38% y/y to USD125.3m in Q1 2013
Net sales decline 10.5% y/y to USD2.3bn
SKF’s net income declined 38% year-on-year (y/y) to SEK818m (USD125.3m, 31 March 2013) in the first quarter (Q1) ending 31 March 2013, compared with SEK1.3bn (USD199.9m, 31 March 2012) in the corresponding period a year ago, says the company’s press release. The company’s
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