SKF’s Q2 sales up 10.4% y/y to USD2.3 billion

News
Financial results

Operating profit for the same period grew 23.4% y/y to SEK2.3 billion

Swedish bearings company SKF reported a double-digit year-on-year (y/y) growth of 10.4% in net sales to SEK20.2 billion (USD2.37 billion) for the second quarter ended 30 June 2017, according to a company press release on 21 July.

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