SKF stock: Q3 margin improves as Vertevo separation nears

Published on 10/31/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SKF stock enters a key separation phase after industrial margins improved in Q3. Vertevo's planned December listing sets the next investor milestone.

What investors should watch next

SKF raised its continuing-operations adjusted operating margin to 16.3 percent in the third quarter.
The automotive business is being prepared for the planned SKF Vertevo listing on December 1.
SKF expects continuing-operations organic sales to strengthen somewhat in the fourth quarter.

SKF, SE0000108227, Illustration mit AI erstellt.

SKF's automotive separation moved closer to its next milestones this week, while the industrial business continued to show stronger profitability. In a Friday, October 30 announcement, SKF said a conversion from Series A to Series B left the company with 455,351,068 shares and 71,561,359 votes.

Margin and separation milestones

SKF's third-quarter report published on October 21 showed continuing-operations net sales of SEK 17,467 million, up from SEK 16,562 million a year earlier. Organic growth was 4.3 percent, while adjusted operating profit increased to SEK 2,845 million from SEK 2,553 million.

The adjusted operating margin reached 16.3 percent, compared with 15.4 percent in the prior-year quarter. SKF attributed the improvement to commercial execution, particularly in Specialized Industrial Solutions, where organic sales rose 8.3 percent.

The automotive business is reported as discontinued operations ahead of its planned distribution and listing as SKF Vertevo on Nasdaq Stockholm on December 1, 2026. SKF also highlighted a Capital Markets Day scheduled for November 17. Management expects organic sales from continuing operations to strengthen somewhat year over year in the fourth quarter, while warning that market volatility remains high.

Share structure adds context

The voting update followed the conversion of shares under SKF's articles of association. The company said it held no own shares, leaving all issued shares in the hands of external shareholders.

The real-time quote of SKF stock traded at 24.99 euros on Lang & Schwarz at 10:15 CET on Saturday, October 31, 2026.