SKF AB (OTCPK:SKFRY)

$ 21.97 0.19 (0.87%) Market Cap: 10.00 Bil Enterprise Value: 10.87 Bil PE Ratio: 17.20 PB Ratio: 1.85 GF Score: 82/100

Q3 2020 AB SKF Earnings Call Transcript

Oct 27, 2020 / 01:00PM GMT

Release Date Price: $22.24 (+5.15%)

Transcript

Patrik Stenberg;publ;Director of Group IR;Competitive Intelligence and Head of IR

AB SKF

()-&

Welcome to the presentation of our third quarter results. As of this quarter, we'll use videos on Teams instead of the traditional telephone conference. This also means that we will use the chat function for the Q&A session. So please post your questions there, and we will answer them after the presentation. Today's speakers are our President and CEO, Alrik Danielson; and our CFO, Niclas Rosenlew.

With that, I leave the word to Alrik.

Alrik Danielson;publ;President

AB SKF;CEO & Director

()- -

Thank you, Patrik, and welcome. Welcome to the SKF Q3 call. And I tell you, I'm so pleased to stand here in front of you also this quarter to present yet another solid set of numbers. As you know, we have been working many years and hard now for -- to implement our strategy, and it's starting to drive the rumble for real. Despite a 5% lower sales than last year, we

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