1155 GMT - SKF could face short-term uncertainty regarding volumes and new U.S. tariffs, Barclays analysts say in a research note. The Swedish bearing and seal manufacturing company's fourth quarter key results beat estimates. However, there are some clouds on the recovery horizon, the analysts say. Despite SKF's strong long-term profitability improvement story, any new tariffs on Mexican or Chinese products would likely could hurt sentiment, they say. Shares trade 3.8% lower at 216.20 Swedish krona. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
February 03, 2025 06:55 ET (11:55 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.