SKF Group Sales Grow 11% in 2Q
SKF, Stockholm, Sweden, reported sales grew 11% in the second quarter 2007.
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Sales were strongest in the Industrial Division and Service Division, as well as strong in the Automotive Division. SKF saw better sales growth in Europe, Asia and Latin America than in North America.
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The manufacturer expects stronger demand for its products in the third quarter 2007, especially in Europe and Latin America. Demand is expected to be relatively unchanged in North …
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