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SKFRY SKF Ab (PK)

20.13
0.11 (0.55%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
SKF Ab (PK) USOTC:SKFRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.11 0.55% 20.13 19.71 20.49 20.14 20.08 20.13 7,104 21:01:20

SKF Signs Supply Agreement With Volkswagen's MAN

24/08/2015 8:46am

Dow Jones News


SKF Ab (PK) (USOTC:SKFRY)
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From Jun 2019 to Jun 2024

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   By Christina Zander 
 

STOCKHOLM--Swedish ball bearing maker SKF AB (SKF-B.SK) said Monday it has signed a three-year agreement with MAN SE to supply the German automotive company with truck-matched wheel-end units.

The deal is worth 60 million Swedish kronor ($7.2 million) and follows the signing of an agreement with Scania AB in October to supply similar units, the company said.

Deliveries to both MAN and Scania are scheduled to commence in September 2015.

At 0701 GMT SKF shares were down 3.2% at SEK156.20

Write to Christina Zander at christina.zander@wsj.com

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

August 24, 2015 03:31 ET (07:31 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

1 Year SKF Ab (PK) Chart

1 Year SKF Ab (PK) Chart

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1 Month SKF Ab (PK) Chart