SSKFExecutive Cockpit
Daily Briefing● Live · governed data

Monday, August 3, 2026

Today's focus: Collectionsunlock trapped working capital first. The day's plan leads; the rest of the week follows.

Cash target
SEK 1.6 bn
Profit target
+SEK 2.8 bn
Live market
Pulling live industrial demand, FX & input signals…

Your daily value-creation plan, cash-first — every goal sized and owned. Check goals off to feed the bridge; open ▸ play & evidence on any card for the steps and the numbers.

Net sales YTD
SEK 91.6 bn
organic +1.9% (H1 2026)
Gross margin
26.8%
gross margin
Adj op margin
12.7%
SEK 11.7 bn profit
Open AR
SEK 16.3 bn
65d to collect
Stuck proposals
2
SEK 3.2 bn deciding
Growth pipeline
SEK 7.8 bn
6 signal-driven initiatives

The week ahead · CEO's value-creation plan

Themed cash-first · grounded in SKF's governed data · enterprise value at 8× adjusted EBITDA (assumption)

Cash to unlock · collections
SEK 1.3 bn
+SEK 75.3 M/yr carry saved
Profit · mix & rightsizing
+SEK 2.8 bn
≈ SEK 22.1 bn enterprise value
Cash out · supplier terms
SEK 367.3 M
modeled, paying to terms
Growth · pipeline at stake
SEK 7.8 bn
SEK 1.9 bn weighted (25% won)
Value-creation bridge · this week
SEK 0 M captured of SEK 4.4 bn target · 0%

Target this week: SEK 1.6 bn cash + +SEK 2.8 bn profit (≈ SEK 22.1 bn enterprise value). Captured rises as goals are checked off below.

Monday scorecard · today
0/1 achieved · 0%

The week, day by day

Collect the SEK 2.4 bn now over 60 days late and pull collection time from 65 to 60 days
SEK 16.3 bn owed across the channels (distributors, industrial & automotive OEMs, services, vehicle aftermarket) · SEK 2.4 bn is more than 60 days late · Automotive-OEM platform terms (75d) and the separation working-capital build collect the slowest.
Cash+SEK 1.3 bnCarry/yr+SEK 75.3 M
🎯 Target: Balances over 60 days worked to zero; collection time 65d → 60d.
⏱ Why now: Every collection day is about SEK 250.9 M of cash — the 5-day gap to target is real, fundable money that also unwinds the separation working-capital build.
👤 Owner: Group Treasury · Regional Controllers

Signals to watch

Leading indicators · one number, the action it implies

⚙️ Segment concentration
Bearing Solutions = 53.7% of revenue

Bearing Solutions is SEK 49.2 bn of the SEK 91.6 bn book — the industrial core that stays in AB SKF post-spin. The watch-item is the mix: keep lifting the aftermarket & services share 37%→40% via condition monitoring, REP contracts and the vehicle aftermarket.

🔁 Aftermarket mix
37% aftermarket vs 40% target

Recurring aftermarket & services are >50% of Industrial revenue. Push condition monitoring and REP contracts across the ~17,000-location network to lift the mix toward target and dampen the cycle.

Sales velocity
Proposals are the slowest stage

SEK 1.8 bn (data-centre & magnetic bearings) and SEK 1.4 bn (rail high-speed / China & India) are sitting in Proposal. Enforce dated next steps before they age out.

🏭 Factory capacity
84% capacity utilization

6 points of idle capacity against the 90% target across the bearing & specialty lines. Fill it before adding lines — every utilized hour drops to margin.