Trelleborg Group Interim Report January -- March 2004

Strong Profit Trend for Trelleborg Group


STOCKHOLM, Sweden, April 22, 2004 (PRIMEZONE) -- The Trelleborg Group showed a continued favorable sales and profit trend, with positive effects from the new business area, Trelleborg Sealing Solutions. The Group's net sales rose by 36 percent. Operating profit increased by 75 percent to SEK 406 M (232).


 - Net sales amounted to sek 5,815 m (4,289). 
 - Profit after tax rose by 40 percent to sek 198 m (141). 
 - Earnings per share rose to sek 2.30 (1.70). 
 - Operating profit increased to sek 406 m (232) and profit after net 
   financial items to sek 322 m (223). 
 - First quarter, excluding goodwill amortization and earnings from shares 
   in Boliden: - Operating profit sek 506 m (272) - Profit after net 
   financial items sek 422 m (251) - Profit after tax sek 294 m (166) - 
   Earnings per share sek 3.40 (1.95) 
 - Metzeler Automotive Hose Systems was acquired, with approximately 900 
   employees and annual sales of approximately sek 600 m. 
 - An agreement was signed regarding the sale of the Trelleborg Group's 
   49-percent holding in the Trenor Group to Nordic Capital. The sale is 
   expected to be completed during the second quarter.

 Calendar
 Annual General Meeting             April 22, 2004
 Interim report January-March       April 22, 2004
 Interim report January-June        July 22, 2004
 Interim report January-September   October 26, 2004

Financial information

Interim reports, annual reports, the stakeholder magazine T-TIME and other information on the Trelleborg Group may be ordered from Trelleborg AB, Information Department, Box 153, SE-231 22 Trelleborg, Sweden, by telephone on +46 410-670 09, by fax on +46 410-427 63, by e-mail info@trelleborg.com or can be downloaded from the Group's website www.trelleborg.com.

Shareholder contacts Bo Jacobsson, Chief Financial Officer Phone: +46 410-670 99, fax: +46 410-137 45 Mobile: +46 70-685 65 60 e-mail: bo.jacobsson@trelleborg.com

Mikael Bystrom, Senior Vice President, Corporate Communications Phone: +46 410-670 37, fax: +46 410-427 63 Mobile: +46 708-55 21 69 e-mail: mikael.bystroem@trelleborg.com


 Viktoria Bergman, Vice President, Corporate Communications
 Phone: +46 410-670 94, fax: +46 410-102 61
 Mobile: +46 708-47 57 33
 e-mail: viktoria.bergman@trelleborg.com

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/04/22/20040422BIT20690/wkr0006.pdf The full report



            

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