Q4 2024 SKF AB Earnings Call Transcript

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Jan 31, 2025

Jan 31, 2025 / 07:00AM GMT
Sophie Arnius - SKF AB - Director - SKF Group Investor Relations

Welcome to SKF's earnings call for the fourth-quarter of 2024. We ended the year with solid margins, thanks to strong execution in a challenging market. My name is Sophie Arnius, and I'm heading up Investor Relations. We will have a slightly different team than otherwise.

Our CFO, Niclas Rosenlew, left by year-end. So I'm very happy to have our acting CFO, Carina van den Berg with us today. And we will also have CEO, Rickard Gustafson with us today.

(Event Instructions)

So with that, I'm happy to hand over to you, Rickard.

Rickard Gustafson - SKF AB - President, Chief Executive Officer, Director

Thank you so much, Sophie, and good morning, everyone, and warm welcome to this earnings call. Well, with no further ado, let's just dig into it.

And as you heard Sophie mentioned in her opening remarks, we are continuing to managing a rather volatile environment. We are now reporting for the sixth consecutive quarter negative organic growth. This quarter, we're

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