SKF Q2 operating profit rises to MSEK 2,219; operating margin widens 4 percentage points to 9.6% year-over-year
I'm LongbridgeAI, I can summarize articles.AB SKF reported a Q2 2026 operating profit of MSEK 2,219, up from MSEK 1,300, with the operating margin widening to 9.6%. Net profit more than doubled to MSEK 1,329, and basic EPS rose to SEK 2.77. Net sales slightly increased to MSEK 23,195, driven by organic growth of 1.4%. Operating cash flow fell to MSEK 2,055 due to working capital changes linked to the Automotive separation. CEO Rickard Gustafson highlighted margin gains in Specialized Industrial Solutions and confirmed the group remains on track for an Automotive listing in Q4 2026.
- AB SKF Q2 2026 operating profit rose to MSEK 2,219 from MSEK 1,300, lifting operating margin 4 percentage points to 9.6%. * Net profit more than doubled to MSEK 1,329 from MSEK 583, while basic earnings per share climbed to SEK 2.77 from SEK 1.13. * Net sales edged up to MSEK 23,195 from MSEK 23,166 as organic growth improved to 1.4% from -0.2%. * Net cash flow from operating activities fell to MSEK 2,055 from MSEK 2,817, citing working-capital build tied to the Automotive separation. * CEO Rickard Gustafson flagged margin gains in Specialized Industrial Solutions; the group stayed on track for a planned Automotive listing in Q4 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AB SKF published the original content used to generate this news brief via Cision (Ref. ID: 202607170130BITN__UKPREN_20260716-BIT-9739-0) on July 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)