Industrial Market, Strategic Industries. 8 Outlook and key business message.

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Speakers 25 min Rakesh Makhija President Strategic Industries
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Presentation transcript:

Industrial Market, Strategic Industries

8 Outlook and key business message

© SKF Group Half year 2013 Half year 2014 Performance 2012 – 2014 YTD Net sales Operating margin SEK 20,437 million 9.9% 10.8% SEK 9,529 million SEK 18,929 million 8.7% 10.2% 10.4% 10.6% 8.6% 10.7% SEK 10,221 million Operating margin, excl. one-time items CMD 2014

© SKF Group Market trends Overall an uncertain business environment with the current geo-political situation China – strong for Railway and Renewable Energy, but moderate for industry in general Aerospace continues on a stable growth path Positive development in the machine tool industry in Asia and USA Lubrication business on a good growth trajectory CMD 2014

© SKF Group Strategic Industries - key business message Growth drivers Asset life cycle solutions and services Core markets for Strategic Industries – China, Germany, USA and India Global footprint with local competence Cost efficiency Lean manufacturing Accelerate cost reduction programs Manufacturing footprint aligned to growth markets CMD 2014

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