Trelleborg: The first quarter 2010


Trelleborg: The first quarter 2010

“The first quarter of 2010 is showing that we are building a stronger Trelleborg
and that we are constantly moving towards growing and profitable segments.
The implemented action programs continue to give positive effects and we are
gradually growing in to a more efficient structure.
The increasing volumes during the quarter give a good leverage resulting in
higher margins. The EBITDA margin improved and was 11.3 percent for the quarter,
compared to 5.0 percent during the year-earlier period, or 10.4 percent in the
fourth quarter of 2009. 
The demand scenario remains uncertain. We now have greater flexibility to
swiftly address market movements. Our priorities include continuing our efforts
to improve the Group's structure and geographic balance, increasing synergies
and continue to develop the product portfolio,” says President and CEO Peter
Nilsson


Net sales in the first quarter of 2010 increased to SEK 7,054 M (6,877).

Operating profit rose to SEK 501 M (46). 
Items affecting comparability amounted to an expense of SEK 29 M (expense: 17).

Earnings per share increased to SEK 1.05 (0.35).

Operating cash flow was SEK 8 M (478). 
Free cash flow was negative SEK 401 M (26).


January - March 2010, in parenthesis the same period 2009
Net sales                                                  7,054 (6,877)
Operating profit                                           501   (46)
Profit for the period                                      292   (65)
Earnings per share, SEK 1)                                 1.05  (0.35)
Operating profit excl.items affecting comparability        530   (63)
Earnings per share, SEK excl.items affecting comparability 1.15  (0.40)
1)

 
April 2009 - March 2010, in parenthesis the full year 2009
Net sales                                           27,236 (27,059)
Operating profit                                    1,228  (773)
Profit for the period                               646    (419)
Earnings per share, SEK 1)                          2.40   (1.70)
Operating profit excl.items affecting comparability 1,630  (1,163)
Earnings per share, SEK excl.items affecting        3.65   (2.90)
comparability 1) 

1) Share of net profit for the period attributable to equity holders of the
Parent divided by the average number of shares. Following the rights issue, the
average number of shares was adjusted according to guidelines in IAS 33. This
calculation method has been applied throughout this report in all key figures
that include the number of shares.




Market outlook for the second quarter of 2010.
Overall, demand is expected to remain in line with or slightly better than the
first quarter of 2010.

Invitation to telephone conference on April 20 at 3:00 p.m.
A telephone conference will be held on April 20 at 3:00 p.m. To participate in
the telephone conference, call +46 (0)8-5051 3785 or +44 20 7138 0824 and state
the code 3419154 or the password “Trelleborg”. The conference will also be
broadcast in real time on the Internet.

Visit our website at www.trelleborg.com/en/Investors/Presentations for Internet
link and presentation materials.

Calendar
Annual General Meeting in Trelleborg April 20, 5:00 p.m.
Interim report April-June July 21
Interim Report July-September October 28


For further information, please contact:
Investors/analysts
Conny Torstensson, IR Manager
Tel: +46 (0)410 — 670 70
Mobile: +46 (0)734 — 08 70 70.
E-mail: conny.torstensson@trelleborg.com


Media
Mikael Sjöblom, Media Relations
Tel: +46 (0)410 — 670 15
Mobile: +46 (0)733 — 74 70 15
E-mail: mikael.sjoblom@trelleborg.com

This report contains forward-looking statements that are based on the current
expectations of the management of Trelleborg. Although management believes that
the expectations reflected in such forward-looking statements are reasonable, no
assurance can be given that such expectations will prove correct. Accordingly,
results could differ materially from those implied in the forward-looking
statements as a result of, among other factors, changes in economic, market and
competitive conditions, changes in the regulatory environment and other
government actions, fluctuations in exchange rates and other factors.


This is information of the type that Trelleborg AB (publ) is obligated to
disclose in accordance with the Swedish Securities Exchange and Clearing
Operations Act and/or the Financial Instruments Trading Act. The information was
issued for publication on Tuesday, April 20, 2010 at 2:00 p.m.

Attachments

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