Skf Ab Class A · OMXSTO:SKF_A
Skf Ab Class A — AB SKF — Q3 2026 Earnings Presentation
20 slides from Skf Ab Class A's earnings presentation, Oct 21, 2026
Slide 1: Quarterly presentation Q3 2026
Alt 4 quarterly presentation 21 October 2026 Q3 2026
Slide 2: Ask a question / Legal disclaimer
Ask a question Webcast Telephone Use question tab Press *1 above the slides Legal disclaimer This presentation contains forward-looking statements that reflect SKF’s current expectations on future events and financial and operational development. Words such as “intend”, “anticipate”, “expect”, “may”
Slide 3: Two independent companies from Dec 1
Two independent companies from Dec 1 SKF Skf – Continuing operations Group “Fighting friction” SKF Vertevo – Discontinued operations “Moving people further” SKF Third-quarter report 2026 3
Slide 4: Improved margin and selectively higher demand
Organic growth and adjusted operating margin Q3 2026 | QUARTERLY SUMMARY 10% 18% Improved margin and Adj. operating margin 5% 12% Organic growth selectively higher demand 0% 6% All comments and figures refer to SKF Groups’ continuing operations unless otherwise stated. The Automotive segment is repo
Slide 5: Organic growth by geographical region
Q3 2026 | SALES BY REGION - CONTINUING OPERATIONS Organic growth by geographical region Region % of global net sales Net sales, Organic Market highlights BSEK growth, % • Broadly unchanged demand environment EMEA 41% 7.2 0.5% • Solid commercial execution in SIS • Continued improving demand in key OE
Slide 6: Bearing Solutions
Share of continued Share of continued operations net sales operations Adj. EBIT Q3 2026 | SEGMENT OVERVIEW - CONTINUING OPERATIONS 85% Bearing Solutions 74% Organic growth 2.8% Net sales and adjusted operating margin • Improved demand in ISEA and Americas while Europe, Middle MSEK East and Africa an
Slide 7: Specialized Industrial Solutions
Share of continued Share of continued operations net sales operations Adj. EBIT Q3 2026 | SEGMENT OVERVIEW - CONTINUING OPERATIONS 23% Specialized Industrial 26% Solutions Organic growth 8.3% Net sales and adjusted operating margin • Solid growth across all four business units, particularly in MSEK
Slide 8: Discontinued operations
Q3 2026 | DISCONTINUED OPERATIONS Discontinued operations (Automotive) Net sales and adjusted operating margin Organic growth -4.0% MSEK 7,000 8% • Weak demand environment • Positive momentum in commercial vehicles and vehicle 6% aftermarket sales in Americas and China & North-East Asia 6,000 4% Adj
Slide 9: Quarterly deep-dive
Quarterly deep-dive SKF Third-quarter report 2026 9
Slide 10: Magnetic Solutions | Zero friction rotation with attractive TCO
Magnetic Solutions | Zero friction rotation with attractive TCO Magnetic Solutions Full-suite offering Value for customers ~1.5 BSEK Significantly enhanced energy efficiency Magnetic Bearings High-Speed Electrical Net sales 2025 motors • Lowering energy consumption by up to 30%, reducing both Double
Slide 11: Magnetic Solutions | Ramping up capacity to meet fast-growing demand
Magnetic Solutions | Ramping up capacity to meet the fast-growing demand whilst capturing the structural growth and building for the future Continued focus on capturing Expand and capture full value of Scale manufacturing capacity structural growth digital offering • Output optimization in existing
Slide 12: Milestones ahead of listing SKF Vertevo
Separation update Milestones ahead of listing SKF Vertevo 1 Oct November 17 Nov 1 Dec EGM Prospectus SKF Vertevo CMD First day of trading Shareholder approval to Prospectus is published for Capital Markets Day in Expected debut on Nasdaq distribute all shares of its SKF Vertevo’s application for Sto
Slide 13: Financials
Financials Susanne Larsson, CFO
Slide 14: P&L summary
Q3 2026 | FINANCIALS P&L summary Continuing operations Q3 2025 Q3 2026 Change IAC breakdown (BSEK) Q3 2025 Q3 2026 Net sales, MSEK 16,562 17,467 +5.5% Continuing operations -0.4 -0.1 Organic growth, % 3.7 4.3 Discontinued operations -0.4 -0.5 Adjusted gross profit, MSEK 5,794 6,099 Total SKF Group -
Slide 15: Bridge analysis – Continuing operations
1,700 MSEK Q3 2026 | FINANCIALS Rightsizing run- rate savings as Bridge analysis – Continuing operations of Q3 26 Q3 2025 Organic1) Cost Currency Structure Q3 2026 Net sales, MSEK 16,562 704 283 -82 17,467 Growth, % 4.3 1.7 -0.5 5.5 Adjusted operating profit, MSEK 2,553 659 -452 98 -13 2,845 Adjuste
Slide 16: Cash flow, leverage and return on capital
Q3 2026 | FINANCIALS Cash flow, leverage and return on capital -Continuing operations Net cash flow from operating activities, MSEK 821 2 778 - 422 - 515 Net debt / Adj. EBITDA 1.1 2 076 - 587 Adjusted ROCE 1) 15.3% Operating Depreciation, Non-cash Taxes NWC Net cash flow profit amortization, items
Slide 17: Outlook and guidance
Q3 2026 Outlook and guidance -Continuing operations (with the exception for IAC) Outlook • Q4 2026: We expect organic sales for Continuing operations to strengthen somewhat in Q4, year-over-year. This as we see a similar market environment as we had in Q3. However, market volatility remains high whi
Slide 18: Improved margin and selectively higher demand
Q3 2026 Improved margin and selectively higher demand 01 02 03 04 Continued strong growth Solid momentum in Magnetics - building to SKF Vertevo’s listing and margin expansion in rightsizing savings capture growth SIS 8.3% organic growth with The program is now Well-positioned to leverage Shareholder
Slide 19: Q&A
Q&A
Slide 20: Slide 20