Greasing The Wheels Of Change: AB SKF's Role In Sustainable Innovation [Seeking Alpha]
SKF AB S/ADR (SKFRY)
NASDAQ:AMEX Investor Relations:
skf.com/group/investors/investor-relations
Company Research
Source: Seeking Alpha
The stock holds a strong position in various markets, including electric vehicles, industrial automation, and renewable energy production. The Company is investing in innovation, portfolio management, and sustainability to achieve its financial targets and contribute to fighting climate change. In an effort to decarbonize the economy, a lot of attention is paid to renewable energy producers, and rightly so. However, a small group of companies is also trying to help by improving energy efficiency. This group includes companies working on efficient LED lighting like Universal Display ( OLED ) and Signify ( OTCPK:PHPPY ), Accelleron ( OTCPK:ACLLY ) which makes internal combustion engines more efficient with its turbochargers, ABB ( OTCPK:ABBNY ) with energy-efficient motors and power distribution, and AB SKF ( OTCPK:SKFRY ) which is the global leader in bearings manufacturing and distribution. In this article, we will focus on SKF, as it is a company that is not very well known
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SKFRY
News
- SKF First-quarter report 2024: A more resilient and competitive SKF [Yahoo! Finance]Yahoo! Finance
- Bearings maker SKF Q1 core profit beats, sees sales dip in Q2 [Reuters]Reuters
- SKF Lincoln launches new gear oil dispensing units [Yahoo! Finance]Yahoo! Finance
- Annual General Meeting of AB SKFPR Newswire
- Annual General Meeting of AB SKFPR Newswire
SKFRY
Earnings
- 2/1/24 - Beat
SKFRY
Analyst Actions
- 2/23/24 - UBS Group AG