AB SKF (publ) (OM:SKF B) will look for merger and acquisitions. During the conference call for the first quarter of 2023 results, Rickard Gustafson, commented that ‘As of now, our main emphasis and focus is to really embed this new operating model of ours, really get the momentum and traction going in this whole portfolio shift and strategic transformation that we have embarked upon. I'm pleased to note that, that transformation is really starting to yield some positive returns.

And, I think the numbers in this quarter is a proof point of that. Once we have this, we will definitely also start to think about a broader agenda that could also include M&A activities'.