AB SKF (publ) reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was SEK 20,986 million compared to SEK 19,572 million a year ago. Net income was SEK 1,705 million compared to SEK 1,527 million a year ago. Basic earnings per share from continuing operations was SEK 3.74 compared to SEK 3.36 a year ago. Diluted earnings per share from continuing operations was SEK 3.74 compared to SEK 3.35 a year ago.
For the full year, sales was SEK 81,732 million compared to SEK 74,852 million a year ago. Net income was SEK 7,331 million compared to SEK 4,298 million a year ago. Basic earnings per share from continuing operations was SEK 16.1 compared to SEK 9.44 a year ago. Diluted earnings per share from continuing operations was SEK 16.09 compared to SEK 9.43 a year ago.