SKF’s net profit dips 11.3% y/y to USD164.6m in Q2 2013
Revenues down 5.2% to USD2.4bn
SKF’s net profit declined 11.3% year-on-year (y/y) to SEK1.1bn (USD164.04m on 30 June 2013) in the second quarter (Q2) ended 30 June 2013 compared to SEK1.2bn (USD178.8m, 30 June 2012) in the corresponding period of the previous year, according to the company’s press release.
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