1. SKF Annual General Meeting 2015 Alrik Danielson, President and CEO
20 September 2018

2. SKF – 100 years of innovation
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3. Some of our segments
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4. Some of our segments
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5. Creating and capturing value
Create value
Capture value
Consumer
End-customer
Systems supplier
SKF
Component supplier
Materials supplier
Competitors
Design and decide
Design and decide
20 September, 2018

6. Sales development by geography Organic growth, 2014
Europe 1%
North America 3%
Asia Pacific
10%
Latin America 1%
Middle East and Africa 9%

7. Financial results – 2014 Financial performance (SEKm) 2014 2013
Net sales
70 975
63 597
Operating profit
7 801
3 693
Operating margin, %
11.0
5.8
Operating margin excl. one-time items, %
11.7
11.9
Profit before tax
6 668
2 821
Basic earnings per share, SEK
10.10
2.0
Cash flow after investments before financing excl. EU payment
4 693
5 342
Cash flow after investments before financing
1 868

8. New business during 2014
GE Aviation and Safran Group, US & EU Mainshaft and gearbox bearings
Chongqing Gearbox Co., Ltd, China Bearing sets
Andritz Hydro, Germany Bearing and sealing solutions
Mazda, Mexico Wheel bearing units
Daimler, Germany Wheel hub bearing units
Geely Automotive, China Transmission selas
SCA / BillerudKorsnäs, Sweden Condition monitoring
Hindustan Aeronautics Ltd, India Transmission and rotor bearings
Bell Helicopter Textron Inc.,USA Elastomeric bearings

9. New technologies and products launched in 2014
SKF Wireless Machine Condition Sensor
SKF Mudblock cassette seals, MUD 11
SKF Gear Bearing Unit
SKF Wireless MicroVibe
Compact tapered roller bearing unit for heavy freight
Tapered roller bearing unit
for passenger railway applications
Electric grease transfer pump
SKF Oil Injection Sets - THKI series
Connect
SKF Tachometer
Floating
piston

10. R&D – number of patent first filing applications

11. Organizational changes
Rationalization of Group staff functions
Merger of two Indsutrial Market business areas
Resulting in a more customer-focused organization, with a simplified structure and clearer areas of responsibility, as well as better conditions for organic growth.
20 September, 2018

12. SKF demand outlook Q1 2015, main business areas
Share of net sales 2014
Industrial Market
60%
Automotive Market
26%
Specialty Business
13%
Total
Sequential trend for Q1 2015
Q1 2015
vs Q1 2014 +
+/-

13. 20 September, 2018

14. Summary A very eventful 2014
Continued investment in R&D and in creating value for our customers
More effective and customer-focused organization in place
The beginning of a very exciting journey
20 September, 2018

15. Thank you!
20 September, 2018