AB SKF - Company Profile

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AB SKF: Overview

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AB SKF (SKF) is a technology and engineering company focused on reducing energy waste by combating friction. The company specializes in providing a comprehensive portfolio of products and services, including bearings and bearing units, seals, lubrication systems, and intelligent solutions like condition monitoring. SKF is associated with notable brands in the industrial and automotive sectors. Its products and services cater to a wide range of industries, including railway, aerospace, heavy industries, and automotive, supporting applications such as e-powertrain and machine health assessment. SKF operates through a network of distributors to supply its offerings globally. The company has a presence in numerous countries, serving diverse markets with tailored solutions. SKF is headquartered in Gothenburg, Sweden.

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Headquarters Sweden
Address Sven Wingquists Gata 2, Goeteborg, 41550
Website www.skf.com
Telephone 46 31 3371000
No of Employees 36,927
Industry Industrial Goods and Machinery
Ticker Symbol & Exchange SKF B (STO)
Revenue (2024) $9.3B -7.2% (2024 vs 2023)
EPS XYZ
Net Income (2024) XYZ -39.3% (2024 vs 2023)
Market Cap* $11.7B
Net Profit Margin (2024) XYZ -34.6% (2024 vs 2023)
* As of and is in US$
View AB SKF financials
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AB SKF premium industry data and analytics

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Project Contacts

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IT Services Contracts

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ICT Spend & Tech Priorities

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Products and Services

Products Services Brands
Bearings, Units and Housings: Rotation as a Service SKF
Ball Bearings Logistics Peer
Roller Bearings Consulting Kaydon
XYZ XYZ XYZ
XYZ XYZ XYZ
XYZ XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2026 Contracts/Agreements In June, the company entered into a partnership with Tata Consultancy Services to enable SKF to build a digital enterprise, using AI to reimagine industrial manufacturing business.
2026 Contracts/Agreements In May, SKF India (Industrial) introduced a next-generation bearing and motor solutions to improve energy efficiency, boost durability, and reduce total cost of ownership in harsh industrial sectors.
2026 Contracts/Agreements In March, the company signed an agreement to acquire G-Tech Instruments Inc, a developer of vibration analyzers and condition-monitoring systems.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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Competitor Comparison

Key Parameters AB SKF Schaeffler AG JTEKT Corp NSK Ltd NTN Corp
Headquarters Sweden Germany Japan Japan Japan
City Goeteborg Herzogenaurach Kariya Shinagawa-Ku Osaka
State/Province - Bayern Aichi Tokyo Osaka
No. of Employees 36,927 109,549 45,018 24,057 21,996
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Hans Straberg Chairman Executive Board 2018 69
Rickard Gustafson Director; Chief Executive Officer; President Executive Board 2021 62
Susanne Larsson Senior Vice President; Chief Financial Officer Senior Management 2025 58
Annika Olme Senior Vice President - Technology Development; Chief Technology Officer Senior Management 2022 53
Joakim Landholm Senior Vice President - Group Operations; Chief Sustainability Officer Senior Management 2022 57
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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