SKF Sales Down 1.2% in 3Q

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Swedish bearing manufacturer SKF (STO: SKFA) reported sales for the third quarter of SEK 21.1 billion (US$2.2 billion), down 1.2% over the same period a year ago. Year-to-date, sales were SEK 64.8 billion (US$6.7 billion), up 0.5% over the prior year period.