Swedish bearing manufacturer SKF (STO: SKFA) reported sales for the third quarter of SEK 21.1 billion (US$2.2 billion), down 1.2% over the same period a year ago. Year-to-date, sales were SEK 64.8 billion (US$6.7 billion), up 0.5% over the prior year period.
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Operating profit decreased 14.7% to SEK 2.3 billion (US$230 million).
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The company reported an operating loss of $115.8 million.
