AB SKF (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 24,975 million compared to SEK 20,146 million a year ago. Net income was SEK 1,099 million compared to SEK 1,756 million a year ago. Basic earnings per share from continuing operations was SEK 2.41 compared to SEK 3.86 a year ago.
For the nine months, sales was SEK 71,572 million compared to SEK 60,746 million a year ago. Net income was SEK 3,576 million compared to SEK 5,627 million a year ago. Basic earnings per share from continuing operations was SEK 7.85 compared to SEK 12.36 a year ago.