SKF falls on new financial targets, OMXS30 index up 0.4 percent
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The Stockholm Stock Exchange saw the OMXS30 index rise by 0.41% amid new financial targets presented by SKF, which fell 8.2%. SKF aims for 4% organic growth and an adjusted operating margin of over 17% in the medium term. Other notable movements included Astra Zeneca up 1.6%, while Intellego plummeted 43.3% due to accounting allegations. Autoliv raised its dividend by 2.4%, and Lime Technologies appointed a new CEO. Berenberg upgraded Beijer Ref to a buy, boosting its share price by 1.9%.
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