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SKF Profit, Sales Miss Ests.; Sees 4Q Demand Slightly Higher y/y 2013-10-15 10:06:42.99 GMT
By Veronica Ek Oct. 15 (Bloomberg) -- 3Q net income SEK1.12b vs est. SEK1.22b; sales SEK15.6b vs est. SEK16.1b. * 4Q demand to be slightly higher y/y, relatively unchanged vs 3Q * Sees 4Q manufacturing to be higher y/y, relatively unchanged vs 3Q * JPMorgan expected outlook for sequentially improving demand, manufacturing trends * Call 1pm CET +46 8 506 307 79 or +44 844 571 8957 or +1 866 682 8490 * NOTE: Of 27 analyst ratings, 8 are buy, 11 hold, 8 sell, avg. PT SEK181: Bloomberg data * Statement
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To contact the reporter on this story: Veronica Ek in Stockholm at +46-8-610-0722 or vek@bloomberg.net