Interim report April - June 2015

"Yet another robust quarter"

“For Trelleborg, the second quarter of the year entailed somewhat improved
organic sales compared with the beginning of the year. However, the organic
sales trend was still weak, which was primarily due to the prevailing
challenging market situation in agriculture and oil/gas, but also by continued
margin discipline.

Sales increased for all business areas and for our TrelleborgVibracoustic joint
venture compared with the year-earlier period, impacted mainly by positive
currency effects and acquisitions made. Operating profit rose for four of the
five business areas, and also for TrelleborgVibracoustic. At Group level, this
generally meant that the percentage increase in both sales and operating profit
was in double digits.

The TrelleborgVibracoustic joint venture performed well, with continued organic
sales that outperformed the underlying market. The company achieved its highest
operating margin to date for a single quarter. Activities aimed at preparing
TrelleborgVibracoustic for a potential initial public offering are progressing.

In Europe, the markets continued to perform in line with the first quarter, but
with relatively large differences between the regions and the various market
segments. The signs of weaker market conditions in the U.S. that we noted at the
beginning of the year continued into the second quarter. It is apparent that our
export-dependent customers in the U.S. are being impacted by the stronger USD.
Uncertainty is also growing in China, underlined by stock market turbulence in
the region.

The lower world market price of oil is continuing to impact parts of the Group,
and is having a negative effect on demand from customers and increases
uncertainty for our deliveries to the oil/gas industry. Our agricultural tire
operation continues to be affected by the challenging market situation in the
segment. Other market segments, such as the aerospace and automotive industries,
continue to develop satisfactorily.

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

Second quarter
Net sales for the second quarter of 2015 increased by 14 percent (2) to SEK
6,531 M (5,726). Sales were the Group’s highest to date for a single quarter.
Organic sales declined by 1 percent (decline: 1). Effects of structural changes
made a positive contribution of 4 percent (0), while the effects of exchange
rate movements were a positive 11 percent (pos: 3).

Operating profit, excluding the participation in TrelleborgVibracoustic and
items affecting comparability, rose 10 percent to SEK 883 M (802), equivalent to
an operating margin of 13.5 percent (14.0). 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 23 M
(expense: 99), 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 47.3 M (39.5).
This corresponded to an operating margin of 9.6 percent (8.9). Both operating
profit and margin were 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 (29). Items affecting comparability amounted to an expense of
SEK 28 M (expense: 126) and is in line with communicated full-year levels.

Earnings per share rose 43 percent to SEK 2.78 (1.95).

The operating cash flow was SEK 603 M (539).

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

Market outlook from the interim report published on April 23, 2015, relating to
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 Tuesday, July 21, 2015, at 07:45 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