|Bid||16.06 x 500000|
|Ask||16.10 x 500000|
|Day's Range||15.68 - 15.86|
|52 Week Range||12.94 - 22.56|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SKF is continuing to increase its regional capabilities across Asia, through selected investments in its manufacturing and engineering capabilities in the region.
While increases boosted quarterly results, executives see signs that consumers’ tolerance for higher prices may be hitting its limits.
SKF has completed the previously announced acquisition of Tenute Srl. Tenute develops and manufactures sealing solutions for various industrial applications and has approximately 50 employees. Tenute Srl will be integrated into SKF's existing Seals business.