Edition:
United States

Trelleborg AB (TRELb.ST)

TRELb.ST on Stockholm Stock Exchange

190.50SEK
24 Mar 2017
Change (% chg)

-0.50kr (-0.26%)
Prev Close
191.00kr
Open
190.70kr
Day's High
191.10kr
Day's Low
188.70kr
Volume
718,656
Avg. Vol
706,712
52-wk High
193.50kr
52-wk Low
140.60kr

Latest Key Developments (Source: Significant Developments)

Trelleborg names Paolo Pompei new head of Wheel Systems
Tuesday, 7 Mar 2017 04:00am EST 

Trelleborg AB : Says Paolo Pompei appointed new business area president for Trelleborg Wheel Systems .Says Pompei succeeds Maurizio Vischi, who is retiring.  Full Article

Trelleborg Q4 core EBIT lags forecasts, sees improved demand Q1
Wednesday, 1 Feb 2017 01:45am EST 

Trelleborg AB : Says board of directors and president propose a cash dividend of SEK 4.25 per share . Trelleborg Q4 organic sales declined by 4 percent . Q4 EBIT, excluding items affecting comparability, rose by 19 percent to SEK 841 m (705) . Q1 market outlook: demand is expected to be slightly improved compared with Q4 of 2016, adjusted for seasonal variations . Says several initiatives are ongoing and more will be launched to address sales and profitability trend moving forward . Reuters poll: Trelleborg Q4 core EBIT was seen at SEK 888 million, dividend at SEK 4.39 per share . Says our level of investment will remain at a relatively high level over next few years . Says although we will now temporarily reduce our pace of acquisition slightly, we will continue to acquire companies that complement our organic growth initiatives .Says we can see some signs that markets in certain geographies and in some segments are starting to improve.  Full Article

Trelleborg says acquires U.S aerospace supplier
Wednesday, 28 Sep 2016 03:00am EDT 

Trelleborg AB : Says has signed an agreement to acquire a U.S.-based subsidiary of CoorsTek, Inc that specializes in the manufacturing of precision seals for the aerospace industry . Says operation is located in El Segundo, California . Says sales amounted to approximately SEK 115 million in 2015 .Says the transaction is expected to be finalized in the fourth quarter of 2016.  Full Article

Trelleborg buys UK-based International Tyre and Wheel Solutions
Friday, 2 Sep 2016 03:15am EDT 

Trelleborg AB : Trelleborg acquires leading large solid tire distributor and increases its geographical reach .Says UK-based International Tyre and Wheel Solutions Ltd. (ITWS) sales amounted to approximately SEK 40 m in 2015..  Full Article

BRIEF-Trelleborg acquires anti-vibration supplier Schwab Vibration Control
Wednesday, 10 Aug 2016 03:00am EDT 

Trelleborg : Says Acquires Leading anti-vibration supplier within rail and other industrial applications . Schwab Vibration Control is headquartered and has its production site in Velten, Germany . Says transaction is expected to be finalized in q4 of 2016. . Says sales amounted to approximately SEK 575 m in 2015 .Its profitability is in line with Trelleborg Industrial Solutions..  Full Article

Trelleborg Q2 core EBIT meets estimates
Tuesday, 19 Jul 2016 01:45am EDT 

Trelleborg Ab : Q2 net sales were on par with year-earlier period and amounted to SEK 6,544 m (6,531) . Q2 EBIT, excluding items affecting comparability, rose by 2 percent to SEK 899 m (883) . Quarterly underlying ebit rose 2 percent to 899 million SEK . Says we are continuously monitoring developments and are well prepared to adjust our various businesses to match fluctuating demand . Says U.K.'s decisions to ultimately leave EU has increased prevailing economic uncertainty . Q3 market outlook: demand is expected to be on a par with, or slightly weaker, than Q2 of 2016, adjusted for seasonal variations . Says are also seeing indications that trend in agricultural market, which has long been negative, is beginning to stabilize, albeit at a low level .Reuters poll: Trelleborg Q2 sales were seen at SEK 6,681 million, core ebit at SEK 895 million.  Full Article

Trelleborg says finalizes SSF acquisition
Friday, 1 Jul 2016 03:00am EDT 

Trelleborg Ab :Trelleborg's acquisition of Silicone Fabricators Inc. (SSF), manufacturer of silicone components for the medical device market, is finalized.  Full Article

Trelleborg acquires Specialty Silicone Fabricators Inc
Monday, 13 Jun 2016 03:00am EDT 

Trelleborg Ab : Acquires Specialty Silicone Fabricators Inc., US-based manufacturer of silicone components for the medical device market. . Aquired company is headquartered in Tustin, California, and has production facilities in Tustin and Paso Robles, California, as well as in Elk Rapids, Michigan. Sales amounted to approximately SEK 330 million in 2015. . The acquisition is part of Trelleborg's strategy to strengthen its positions in attractive market segments. .The transaction is expected to be finalized in the second quarter of 2016..  Full Article

Trelleborg's 10.9 bln SEK acquisition of CGS Holding finalized
Tuesday, 31 May 2016 09:54am EDT 

Trelleborg Ab : Trelleborg's acquisition of CGS Holding finalized . The total cash consideration amounted to approximately SEK 10.9 billion on a cash and debt-free basis. CGS is headquartered in the Czech Republic and generated sales of approximately SEK 5.6 billion in 2015 with an operating margin of 16.5 percent. . The transaction will be consolidated from May 31, 2016. Non-recurring costs of approximately SEK 70 million, related to the acquisition, will be charged to the second quarter of 2016. . Of this amount, about SEK 50 million will be charged against reported operating income and about 20 million will be charged to net financial items. No PPA effects are included in the above amounts. Further company coverage: [TRELb.ST] (Reporting By Johan Ahlander) ((johan.ahlander@thomsonreuters.com;)).  Full Article

Trelleborg AB buys Dutch anti-vibration engineering company
Wednesday, 9 Mar 2016 03:00am EST 

Trelleborg AB:Says acquires Dutch anti-vibration engineering company Loggers Rubbertechniek.Says ‍sales of bought company amounted to about 110 million Swedish crowns in FY 2015.Says acquisition strengthens Trelleborg's antivibration operation within marine applications in Europe​.  Full Article

More From Around the Web

BRIEF-Trelleborg appoints Jean-Paul Mindermann as head of Industrial Solutions

* Says Jean-Paul Mindermann appointed new business area president at the Trelleborg Group