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Apr 21, 2026 4:00 AM

SKF Q1 2026: Strong margin despite volatile market conditions

GOTHENBURG, Sweden, April 21, 2026 /PRNewswire/ --

Q1 2026

Net sales: MSEK 21,873 (23,966).

Organic growth: 2.4% (−3.5%), driven by organic sales growth within the Industrial segments, offset by negative market demand for the Automotive business.

Adjusted operating profit: MSEK 2,951 (3,233). Strong positive price/mix contribution, stable cost development and continued significant currency headwinds.

Adjusted operating margin: 13.5% (13.5%).

Net cash flow from operating activities: MSEK, 446 (977). Mainly driven by restructuring and separation costs and working capital build-up.

 

Financial overview, MSEK unless otherwise stated

Q1 2026

Q1 2025

Net sales

21,873

23,966

Organic growth, %

2.4

−3.5

Adjusted operating profit

2,951

3,233

Adjusted operating margin, %

13.5

13.5

Operating profit

2,643

2,885

Operating margin, %

12.1

12.0

Adjusted net profit

2,047

2,296

Net profit

1,739

1,948

Net cash flow from operating activities

−446

977

Basic earnings per share

3.57

3.95