Interim report January-March 2015

"Robust earnings in a challenging market"
Trelleborg started the year by posting strong earnings, despite the prevailing
market situation in agriculture and oil/gas. Our margin discipline negatively
impacted volumes, and thus also organic sales.

Despite the organic sales trend, the Group achieved the highest operating profit
to date for a single quarter, partly positively impacted by currency effects.
Our largest business area, Trelleborg Sealing Solutions, is developing
satisfactory and reported its highest result to date for a single quarter.
Acquired operations had a positive impact on earnings.

The TrelleborgVibracoustic joint venture performed well and according to plan,
continuing to outperform the underlying market in terms of growth. The company
reported its highest operating margin to date for a single quarter. Activities
aimed at preparing TrelleborgVibracoustic for a potential initial public
offering are progressing.

At the end of the quarter, some signs of improvement were noted in the European
market in individual segments, while a slowdown was observed in a few segments
in the North American market.

The significantly lower world market price of oil impacts parts of the Group,
and has a negative effect on demand and increases the uncertainty for our
deliveries to the oil/gas industry. At the same time the lower price of oil is
expected to stimulate the economy in general. Our agricultural tire operation
will continue to be impacted by the challenging market situation within its
segment.

Our overall assessment is that the market is moving sideways. We are
continuously monitoring developments and are maintaining preparedness to adjust
our various businesses to fluctuating demand”, says Peter Nilsson, President and
CEO.

First quarter
Net sales for the first quarter of 2015 increased by 14 percent (4) to SEK 6,370
M (5,597). Organic sales declined by 4 percent (increase: 3). Effects of
structural changes made a positive contribution of 4 percent (0), while the
effects of exchange rate movements were a positive 14 percent (pos: 1).

Operating profit, excluding the participation in TrelleborgVibracoustic and
items affecting comparability, rose 7 percent to SEK 833 M (779), equivalent to
an operating margin of 13.1 percent (13.9). The operating profit was the Group’s
highest to date for a single quarter.

Items affecting comparability for the quarter amounted to an expense of SEK 35 M
(expense: 18), which was fully attributable to previously announced
restructuring programs.

Operating profit in the quarter for TrelleborgVibracoustic, excluding items
affecting comparability, increased 20 percent and amounted to EUR 46.2 M (38.6).
This corresponded to an operating margin of 9.5 percent (8.6), the highest to
date for the company for a single quarter.

Trelleborg’s participation in TrelleborgVibracoustic’s profit amounted to SEK
137 M after tax (87). Items affecting comparability amounted to an expense of
SEK 27 M (expense: 27) and is in line with communicated full-year levels.

Earnings per share rose 11 percent to SEK 2.54 (2.29).

The operating cash flow was SEK 59 M (367).

Market outlook for the second quarter of 2015
Demand is expected to be on a par with the first quarter of 2015, adjusted for
seasonal variations.

For further information, please contact:
Media: Vice President Media Relations Karin Larsson, +46 (0)410 67015, +46
(0)733 747015, karin.larsson@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, +46 (0)410 67068, +46
(0)708 665140, christofer.sjogren@trelleborg.com

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 Thursday, April 23, 2015, at 13:00 CET.
Trelleborg is a world leader in engineered polymer solutions that seal, damp and
protect critical applications in demanding environments. Its innovative
engineered solutions accelerate performance for customers in a sustainable way.
The Trelleborg Group has annual sales of about SEK 22 billion in over 40
countries. The Group comprises five business areas: Trelleborg Coated Systems,
Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg
Sealing Solutions and Trelleborg Wheel Systems. In addition, Trelleborg owns 50
percent of TrelleborgVibracoustic, a global leader within antivibration
solutions for light and heavy vehicles, with annual sales of approximately SEK
16 billion in about 20 countries. The Trelleborg share has been listed on the
Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap.
www.trelleborg.com