SKF Working to Counter Tariff and Market Uncertainties -- Market Talk

Dow Jones
06/24

1210 GMT - SKF still faces tariff uncertainties, with less prospect of a market recovery in the second half of the year versus the start of the year, Deutsche Bank analyst John Kim writes. That said, SKF continues to deliver on what it can, including pricing, cost efficiencies and portfolio management, Kim says. Normal seasonality may not apply in 2025, but the bank continues to see price/mix as slightly positive this year against slight volume declines. Industrial margins and new cost programs to be announced are positives, with the impact of tariffs starting in the second quarter and currency effects becoming a headwind. The bank raises its target price to 204 Swedish kronor from 194 kronor and retains its hold rating. Shares rise 2.3% to 212.20 kronor. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

June 24, 2025 08:10 ET (12:10 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10