Straits Times Index
3,336.59 +13.21 (+0.40%) Nikkei
38,487.90 +433.77 (+1.14%) Hang Seng
18,079.61 -150.58 (-0.83%) FTSE 100
8,275.38 +44.33 (+0.54%) Bitcoin USD
67,738.57 +203.53 (+0.30%) CMC Crypto 200
1,425.40 -3.17 (-0.22%)
SKF AB (SKFB.MU)
- PR Newswire
Announcement of change in the total number of votes in AB SKF
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.
- Simply Wall St.
Exploring HEXPOL And Two More High Yield Dividend Stocks In Sweden
As global markets show signs of cautious optimism, with easing inflation concerns in major economies and mixed performances across European indices, investors are increasingly looking for stable returns amidst the uncertainty. In this context, exploring high-yield dividend stocks like HEXPOL in Sweden becomes particularly appealing as they offer potential for steady income in a fluctuating market environment.
- Reuters
Bearings maker SKF Q1 core profit beats, sees sales dip in Q2
Sweden's SKF, the world's biggest maker of industrial bearings, reported adjusted first-quarter earnings that topped market expectations in the face of slowing demand and said it expected softer like-for-like sales in the second quarter. SKF reported adjusted operating earnings of 3.30 billion Swedish crowns ($303 million) in the quarter compared to 3.48 billion a year ago and above a mean forecast of 3.11 billion, according to a LSEG compilation of analyst estimates. The Gothenburg-based company, whose bearings are found in products such as cars, tools and wind turbines, forecast a mid-single-digit like-for-like sales decline in the second quarter after sales fell 7% organically in the first quarter.
