SKF Sales Up 9% in 2Q - Modern Distribution Management

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SKF Sales Up 9% in 2Q

Year to date sales increase 8.4 percent.
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Swedish bearing manufacturer SKF (STO: SKFA) Goteborg, Sweden, reported sales for the second quarter of SEK 22.6 billion (US$2.5 billion), up 9 percent over the same period a year ago. Year to date, sales were SEK 43.2 billion (US$4.8 billion), down 8.4 percent over the prior year period. 

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