SKF Completes EUR 255m Buy-back of Bonds Maturing 2020 and 2022, Updates Financial Net

GOTHENBURG,Sweden,Nov. 7,2019 -- SKF has completed the buy-back of EUR 51 million and EUR 204 million of outstanding bonds maturing in 2020 and 2022 respectively.

Financial net for Q4 2019 is now expected to be approximately SEK -360 million,compared to the Group's previous guidance of SEK -250 million.

Aktiebolaget SKF

(publ)

For further information,please contact:

PRESS:

Theo Kjellberg

Director

Press Relations

tel: +46-31-337-6576

mobile: +46 725-776576

e-mail: theo.kjellberg@skf.com

INVESTOR RELATIONS:

Patrik Stenberg

Head of Investor Relations

+46-31-337-2104

+46-705-472-104

patrik.stenberg@skf.com

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The following files are available for download:

https://mb.cision.com/Main/637/2955845/1137162.pdf

full release as pdf