150 likes | 159 Views
Alrik Danielson, President and CEO of SKF, discusses 100 years of innovation, segments creating value, sales development by geography, new business in 2014, product launches, and organizational changes. SKF demand outlook for Q1 2015. A summary of the eventful 2014 and the company's exciting journey ahead.
E N D
SKF Annual General Meeting 2015Alrik Danielson, President and CEO
Creating and capturingvalue Consumer End-customer Systems supplier Createvalue SKF Component supplier Materials supplier Design and decide Competitors Design and decide Capturevalue
Sales development by geographyOrganic growth, 2014 Europe 1% North America 3% Asia Pacific 10% Latin America 1% Middle East and Africa 9%
New business during 2014 • GE Aviation and Safran Group, US & EU Mainshaft and gearbox bearings • Chongqing Gearbox Co., Ltd, China Bearing sets • Andritz Hydro, GermanyBearing and sealing solutions • Mazda, Mexico Wheel bearingunits • Daimler, GermanyWheel hubbearingunits • Geely Automotive, China Transmission selas • SCA / BillerudKorsnäs, Sweden Conditionmonitoring • Hindustan Aeronautics Ltd, India Transmission and rotor bearings • Bell Helicopter Textron Inc.,USA Elastomeric bearings
New technologiesand productslaunched in 2014 SKF Mudblockcassetteseals, MUD 11 SKF Wireless Machine Condition Sensor 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 SKF @ptitude Connect SKF Tachometer Floating piston
Organizationalchanges • Rationalizationof Group stafffunctions • MergeroftwoIndsutrial Market business areas • Resulting in a morecustomer-focusedorganization, with a simplifiedstructure and clearer areas ofresponsibility, as well as betterconditions for organicgrowth.
Summary • A veryeventful 2014 • Continued investment in R&D and in creatingvalue for ourcustomers • Moreeffective and customer-focusedorganization in place • The beginningof a veryexcitingjourney