SKF's business strategy to achieve long-term profitable growth and attain financial targets includes:

• keeping a clear and dedicated customer focus
• developing new products, solutions and services with higher added value which enable customers to improve their efficiency and performance while lowering their total cost
• improving price quality by applying the SKF platform and segment approach to deliver value to customers
• strengthening the product portfolio through greater investment in R&D and through acquisitions
• focusing on rapidly expanding segments and regions
• reducing capital employed and fixed costs
• attracting, retaining and developing the right people.