SKF posts Q2 revenue of SEK 23.2B with 1.4% organic growth
SKF reported Q2 revenue of SEK 23.2B, a 0.1% year-over-year increase. The company also saw 1.4% organic growth.
The adjusted operating margin was 13.9%. Net cash flow from operating activities was MSEK 2,055.
The company noted signs of improved market demand in certain industries during Q2.