AB SKF (publ) provided financial guidance for the first quarter and full year of 2024. For the first quarter of 2024, the company expects a mid-single-digit organic sales decline. Currency impact on the operating profit is expected to be around SEK 400 million negative compared with the first quarter 2023, based on exchange rates per 31 December 2023.

For the full year, the company expects a low single-digit organic sales decline, compared to 2023.