SKF's net profit up 37.4% y/y in 2017 to USD666 million

News
Financial results

Company expects growth momentum to continue in 2018

SKF has reported 37.4% year-over-year (y/y) increase in net profit to SEK5.47 billion (USD666.2 million as on 31 December 2017) for the financial year ended 31 December 2017, the Sweden-based bearings supplier said in a press release on 1 February.

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