Edition:
India

Johannes Hellstrom

RPT-SKF to increase cost focus against an uncertain macro backdrop

15 Nov 2018

STOCKHOLM, Nov 14 Swedish industrial bearings maker SKF needs to increase its focus on cost-cutting to stay "ahead of the curve" in an uncertain macroeconomic environment, Chief Executive Alrik Danielson told Reuters in an interview on Wednesday.

SKF to increase cost focus against an uncertain macro backdrop

15 Nov 2018

STOCKHOLM Swedish industrial bearings maker SKF needs to increase its focus on cost-cutting to stay "ahead of the curve" in an uncertain macroeconomic environment, Chief Executive Alrik Danielson told Reuters in an interview on Wednesday.

UPDATE 2-Sweden's Hexagon sees no slowdown yet in China

01 Nov 2018

* Shares rise 5.5 pct (Adds CEO and analyst quotes, context, share reaction)

Sweden's Electrolux feels the squeeze as tariffs eat into margins

26 Oct 2018

STOCKHOLM Home appliance maker Electrolux forecast higher costs this year and next from rising raw material prices and tariffs on Chinese goods, sending its shares tumbling on Friday.

UPDATE 3-Sweden's Electrolux feels the squeeze as tariffs eat into margins

26 Oct 2018

* Shares fall 9 percent (Adds CEO, analyst comments, updates shares)

UPDATE 2-Veoneer delays sales, margin goals as autos gloom spreads

25 Oct 2018

* Shares fall as much as 20 percent (Adds CEO, analyst comment, details, updates shares)

Slower orders for Atlas Copco spooks industry rivals too

19 Oct 2018

STOCKHOLM Sweden's Atlas Copco reported lower than expected third-quarter orders on Friday and forecast softer demand for the remainder of the year, sending shares in the industrial equipment maker tumbling.

UPDATE 1-Skanska books more writedowns in U.S., sending profit, shares lower

19 Oct 2018

STOCKHOLM, Oct 19 Shares in Swedish builder Skanska fell sharply on Friday after the company revealed a new writedown in its troubled U.S. operations which hit third-quarter earnings.

UPDATE 1-Semiconductor stocks slump as valve maker VAT Group cuts worker hours

10 Oct 2018

* Swiss valve maker to cut hours at one plant, outlook intact

Sweden's Veoneer order intake stays strong, shares jump

27 Jul 2018

STOCKHOLM Swedish electronic car products maker Veoneer , spun off by Autoliv this month, said on Friday order intake was unexpectedly strong over the generally slow summer months and indicated that it may raise a 2022 sales target.

World News