"Trelleborg reports a satisfactory result for the quarter, albeit influenced by
the weaker economy. The sales trend was relatively favorable in Asia and North
America, while sales in Europe was generally weak. Cash flow was strong, due
primarily to efficient inventory management.
We continue to invest to improve our positions in high-growth countries and
selected segments. For example, in Brazil, during the quarter we acquired a
printing blankets business and inaugurated a facility for manufacturing products
for deep-sea oil and gas extraction.
The joint venture TrelleborgVibracoustic has been operational since the
beginning of the third quarter. The integration of the two operations has
started in a good way and will be intensified to secure the many benefits that
the joint venture will bring.
We clearly see that the underlying demand trend is negative in several of our
market segments and geographies. During the quarter, measures to adjust
operations to the weaker market, has been implemented. This work will continue
in the fourth quarter,” says President and CEO Peter Nilsson.
Invitation to a telephone conference on October 24 at 10:30 a.m.
A presentation and telephone conference will be held on October 24 at 10:30 a.m.
The presentation will be held at Operaterrassen in Stockholm. To participate in
the telephone conference, call +46 (0)8 5056 2932 or +44 (0) 2077 5099 50 or +1
8666 7658 69. Code: “Trelleborg”. The conference will also be broadcast on the
Internet in real time. Visit our website at:
www.trelleborg.com/en/Investors/Presentations for the Internet link and
For further information, please contact:
Media: Vice President Media Relations Karin Larsson, 46 (0)410 67094, 46 (0)733
Investors/analysts: Vice President IR Christofer Sjögren, 46 (0)410 67068, 46
(0)708 665140, firstname.lastname@example.org
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 Wednesday, October 24, 2012, at 7:45 a.m.
Trelleborg is a global industrial group whose leading positions are based on
advanced polymer technology and in-depth applications know-how. Trelleborg
develops high-performance solutions that seal, damp and protect in demanding
industrial environments. The Trelleborg Group has annual sales of about SEK 22
billion, with about 15,500 employees in over 40 countries. The Group comprises
three business areas: Trelleborg Sealing Solutions, Trelleborg Wheel Systems,
and Trelleborg Engineered Systems. In addition, Trelleborg owns 50 percent of
TrelleborgVibracoustic, a global leader within antivibration solutions for light
and heavy vehicles, with annual sales of SEK 13 billion and about 8 000
employees in 17 countries. The Trelleborg share has been listed on the Stockholm
Stock Exchange since 1964 and is listed on the NASDAQ OMX Nordic List, LargeCap.
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