SKF first quarter results 2018

Gothenburg, 26 April 2018Alrik Danielson, President andCEO:“We have had a record start to 2018. Sales grew by7.5% organically to SEK 20.6 billion and our reported operatingprofit was 2,625 million, both historical highs for SKF. Operatingmargin at 12.8% exceeded our target.The actions we have taken to control and continuallyreview our cost base, increase prices and focus on meeting thespecific application needs of our customers are showingresults.We are delivering solid financial performan