SKF stock gains as Fitch confirms BBB+ rating and Q2 2026 earnings hold up

Published on 09/17/2026 at 19:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SKF stock rose on Nasdaq Stockholm as of September 17, 2026 after Fitch confirmed the company’s BBB+ credit rating with stable outlook. The shares trade near SEK 277.10 while Q2 2026 revenue reached SEK 23,195 million with 6.0 percent growth.

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SKF stock (ISIN SE0000108227) is trading higher on Nasdaq Stockholm around SEK 277.10 as of September 17, 2026, following a recent confirmation of the company’s BBB+ credit rating with stable outlook by Fitch and solid Q2 2026 earnings data from the Swedish engineering group.

Fitch affirms BBB+ rating and stable outlook

According to Affarsvarlden on September 17, 2026, Fitch has confirmed SKF’s long term credit rating at BBB+ and maintained a stable outlook, underscoring the agency’s view of the company’s resilient cash generation and balanced financial profile.

The confirmation of the BBB+ rating means that Fitch continues to see SKF as an investment grade issuer with the capacity to meet its financial obligations, which can be particularly relevant for investors tracking credit risk and funding costs.

Q2 2026 earnings show revenue growth and margin pressure

In terms of fundamentals, SKF reported Q2 2026 revenue of SEK 23,195 million, representing an increase of 6.0 percent compared with the SEK 21,873 million reported in Q1 2026, based on key figures compiled by Affarsvarlden.

According to the same overview from Affarsvarlden, operating profit in Q2 2026 reached SEK 2,219 million, compared with SEK 2,643 million in Q1 2026, indicating that while top line demand improved quarter-on-quarter, operating margins came under pressure.

The key figures table also shows that for the most recent twelve month period SKF generated revenue of SEK 89,519 million and operating profit of SEK 8,432 million, with earnings per share over that period at SEK 9.88, providing a broader context for the Q2 2026 interim performance.

Stock price holds near recent gains on Nasdaq Stockholm

AB SKF’s B share closed at SEK 268.60 on Nasdaq Stockholm on September 16, 2026, up about 1.0 percent for that session compared with a prior close near SEK 265, according to data cited by a recent overview of the stock’s trading in Stockholm.

On September 17, 2026, the latest quote compiled by Affarsvarlden shows SKF stock at around SEK 277.10, representing a gain of approximately 3.2 percent relative to the September 16, 2026 close of SEK 268.60 on Nasdaq Stockholm.

The same data snapshot from Affarsvarlden indicates a day change of 2.63 percent for SKF stock, with the price move placing the shares among the stronger performers on Nasdaq Stockholm and drawing attention from investors who follow the OMXS30 index.