AB SKF Non-GAAP EPS of SEK 4.20, revenue of SEK 24.73B; initiates Q1 and FY25 outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2025
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Source: SeekingAlpha
Financial Performance: AB SKF reported Q4 Non-GAAP EPS of SEK 4.20 with revenue of SEK 24.73 billion, reflecting a 1.2% year-over-year increase, but an organic growth decline of 3.1%. The adjusted operating margin decreased to 11.1% from 12.0%.
Outlook and Guidance: For Q1 2025, SKF anticipates a slight weakening in organic sales year-over-year and has stopped providing full-year organic sales outlooks, while expecting a positive currency impact on operating profit of around SEK 200 million compared to Q1 2024.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
