SKF’s Q1 net sales up 11% y/y to USD2.2 billion

News
Financial results

Operating profit increased 22.4% y/y

Sweden-based SKF has reported an 11% year-on-year (y/y) growth in net sales to SEK19.6 billion (USD2.2 billion) for the first quarter ended 31 March 2017, the company announced in a press release on 27 April.

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