SKF Capital Markets Day 2020: delivering on our transformation

SKF Capital Markets Day 2020: delivering on our transformation

PR Newswire

GOTHENBURG, Sweden, Nov. 4, 2020

GOTHENBURG, Sweden, Nov. 4, 2020 /PRNewswire/ -- SKF's virtual Capital Markets Day on 4 November will focus on the transformation of the Group into an even stronger SKF. This includes transformation of SKF's manufacturing footprint, operational improvements, new business models and technology investments. The Group is also presenting updated long-term targets.

Alrik Danielson, President and CEO, says: "During the last few years we have been going through a transformation. Whilst we are far from done, we have made significant progress, not least during the past year. It is now time to take the next steps of our transformation journey."

At today's Capital Markets Day, the following main highlights and updates will be presented:

 to get the chance to explain our ongoing transformation into an even stronger SKF. Our updated targets reflect that we are in the middle of a transformation journey. We are pleased with the progress made in several areas, at the same time as we know we can improve even further.

We have communicated a clear strategy and plan, and the next steps will be about implementation, thereby delivering on our financial and environmental ambitions."

To participate in SKF's Capital Markets Day 2020, starting at 13:00 (CET), please register and log in at: https://skf.6connex.com/event/4/login.

Aktiebolaget SKF

(publ)

For further information, please contact:

PRESS: Theo Kjellberg, Director, Press Relations
tel: 46 31 337 6576, mobile: 46 725-776576, e-mail: theo.kjellberg@skf.com 

INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relations
46 31-337 2104; 46 705-472 104, patrik.stenberg@skf.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-capital-markets-day-2020--delivering-on-our-transformation,c3231089

The following files are available for download:

https://mb.cision.com/Main/637/3231089/1330423.pdf

Release

https://news.cision.com/skf/i/skf-dji-0353,c2846453

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