News

Announcement of change in the total number of votes in AB SKF

  • GOTHENBURG, Sweden , March 31, 2025 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 31 March 2025 there are a total of 455,351,068 shares in AB SKF, out of which 28,930,844 shares are of Series A and 426,420,224 shares are of Series B.
    03/31/2025

Bearings Market Outlook & Forecast Report 2025-2030: Competitive Industry Sees Innovations in Hybrid, Self-Lubricating, and Energy-Efficient Solutions, with SKF, NTN, Schaeffler, and Timken Leading Competition

  • Dublin, March 12, 2025 (GLOBE NEWSWIRE) -- The "Bearings Market - Outlook & Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The Bearings Market was valued at USD 54.1 billion in 2024, and is projected to reach USD 78.45 billion by 2030, rising at a CAGR of 6.39%.
    03/12/2025
Profitability
Dividends
Income Statement
Balance Sheet
Cash Flow Statement
Symbol Frequently Asked Questions

The price of ProShares UltraShort Financials (SKF) is 40.71 and it was updated on 2025-04-04 13:00:22.

Currently ProShares UltraShort Financials (SKF) is in undervalued.

News
    
News

Announcement of change in the total number of votes in AB SKF

  • GOTHENBURG, Sweden , Jan. 31, 2025 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 31 January 2025 there are a total of 455,351,068 shares in AB SKF, out of which 28,938,999 shares are of Series A and 426,412,069 shares are of Series B.
    Fri, Jan. 31, 2025

Nomination Committee's proposal for Board of Directors of AB SKF

  • GOTHENBURG, Sweden , Jan. 22, 2025 /PRNewswire/ -- SKF's Nomination Committee proposes Mats Rahmström as a new board member in AB SKF. Mats Rahmström was the President and CEO, as well as a member of the Board of Directors of Atlas Copco Group up until April 2024 and has held several senior positions within Atlas Copco.
    Wed, Jan. 22, 2025

Announcement of change in the total number of votes in AB SKF

  • GOTHENBURG, Sweden , Dec. 30, 2024 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 30 December 2024 there are a total of 455,351,068 number of shares in AB SKF, out of which 28,983,999 shares are of Series A and 426,367,069 shares are of Series B.
    Mon, Dec. 30, 2024

Announcement of change in the total number of votes in AB SKF

  • GOTHENBURG, Sweden , Nov. 29, 2024 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 29 November 2024 there are a total of 455,351,068 number of shares in AB SKF, out of which 29,218,846 shares are of Series A and 426,132,222 shares are of Series B.
    Fri, Nov. 29, 2024

AB SKF: A Strategic Split That Could Drive Long-Term Gains

  • SKF faces declining demand in key regions and pressure from currency fluctuations, impacting revenue growth despite cost-cutting efforts. The company continues to explore new markets, investing 90% of its R&D budget into high-growth areas like high-speed machinery, aerospace, and electric vehicles. It maintains strong financial health with a high-interest coverage ratio of 47.5x, indicating low insolvency risk even during profitability fluctuations.
    Mon, Oct. 28, 2024
SEC Filings
SEC Filings
More Headlines
News

Announcement of change in the total number of votes in AB SKF

  • GOTHENBURG, Sweden , Sept. 30, 2024 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following.
  • 09/30/2024

SKF: Temporary Friction Preventing Growth, But Valuation Is Very Compelling

  • SKF is facing short-term growth challenges, with declining sales and weak demand across key markets, particularly in China and North East Asia. Despite a -7.4% organic sales decline in Q2, profitability remains strong, aided by cost-cutting and strategically exiting unprofitable business lines. The company is investing in R&D, decentralizing operations, and planning a spin-off of its vehicle business, potentially unlocking value.
  • 09/29/2024

Nomination Committee of AB SKF for the Annual General Meeting 2025

  • GOTHENBURG, Sweden , Sept. 11, 2024 /PRNewswire/ -- In accordance with the Nomination Committee Charter adopted at the Annual General Meeting of AB SKF, the members, who, together with the Chair of the Board, constitutes the Nomination Committee in preparation of the Annual General Meeting 2025 has been elected.
  • 09/11/2024

Announcement of change in the total number of votes in AB SKF

  • GOTHENBURG, Sweden , Aug. 30, 2024 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 30 August 2024, there are a total of 455,351,068 shares in AB SKF, out of which 29,265,933 shares are of Series A and 426,085,135 shares are of Series B.
  • 08/30/2024

Aircraft Seals Market Companies Projected to Show Strong Growth | SKF (Sweden) and Parker Hannifin (US) are the Key Players

  • Chicago, June 28, 2024 (GLOBE NEWSWIRE) -- The Aircraft Seals Market Size is projected to grow from USD 3.1 Billion in 2023 to USD 3.8 Billion by 2028, at a CAGR of 4.1% from 2023 to 2028. Aircraft seals are in responsible for keeping fluids, gases, and other media contained within an aircraft's numerous systems.
  • 06/28/2024

Zacks Industry Outlook AB SKF, The Timken, ESAB, Kaiser Aluminum and Northwest Pipe

  • AB SKF, The Timken, ESAB, Kaiser Aluminum and Northwest Pipe have been highlighted in this Industry Outlook article.
  • 06/10/2024

Announcement of change in the total number of votes in AB SKF

  • GOTHENBURG, Sweden , May 31, 2024 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 31 May 2024, the Company's share capital amounts to SEK 1,138,377,670 and the total number of shares amounts to 29,271,933 shares of Series A and 426,079,135 shares of Series B.
  • 05/31/2024

Bear Market Bets: 7 Inverse ETFs for Contrarian Investors

  • While the buy-and-hold strategy makes the most intuitive sense, it's boring, which invariably leads curious investors down the path toward inverse ETFs. Just like any other exchange-traded fund, these bear trades represent a basket of securities under a single umbrella.
  • 12/07/2023

Should You Stay Away from Bank ETFs Following Buffett?

  • Warren Buffett has divested from multiple banks after identifying concerning issues in their financial practices.
  • 04/26/2023

How to Profit From Banking Carnage With Inverse ETFs

  • Given the half-million outflow and deteriorating fundamentals, the appeal for financial ETFs, especially banks, has dulled. As a result, investors bearish on the sector right now may want to consider a near-term short.
  • 03/16/2023

Should You Short Financial Sector With ETFs?

  • Financial sector has underperformed last week on mixed earnings.
  • 01/23/2023

Purchase Levels Of 31 Short ETFs Signal Bear Market Bottom (Technical Analysis)

  • We are bearish on all American bear market ETFs. Measuring the purchase levels of short ETFs replaces the old, odd lot and total short selling indicators so popular in the 1960s, 70s and 80s.
  • 08/08/2022

SKF Half-year report to be published on 20 July

  • GOTHENBURG, Sweden, July 11, 2022 /PRNewswire/ — SKF will publish its Half-year results for 2022 on 20 July at approximately 08:00 (CEST). Investors,...
  • 07/11/2022

Yield Curve Inverted: Short Financials With ETFs

  • Yield curve inverted on Jun 13 on super-hawkish Fed rate hike bets. A flattening yield curve is negative for financial stocks.
  • 06/14/2022

Why to Tap Inverse ETFs for This Week

  • We have concerns like a worsening COVID situation in China, high inflation in the United States, slowdown fears both in the United States and Euro zone as well as looming rate hikes by the ECB.
  • 06/13/2022

5 Inverse/Leveraged ETF Areas of Last Week

  • Wall Street was downbeat last week, with losses seen in all major indexes
  • 05/16/2022

Fearing an Inverted Yield Curve? Short Financials With ETFs

  • Financial stocks have been going through a rough patch lately due to inverted yield curve. bet on inverse financial ETFs.
  • 04/04/2022

ProShares, First Trust Make Changes To ETFs

  • The issuers were among a number of firms making changes to expense ratios and enacting splits.
  • 01/08/2021

SKF AB price target raised to SEK 170 from SEK 150 at Deutsche Bank SKFRY

  • SKF AB price target raised to SEK 170 from SEK 150 at Deutsche Bank Deutsche Bank SKFRY
  • 04/30/2020
Unlock
SKF Ratings Summary
SKF Quant Ranking