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Trelleborg AB (TRELb.ST)

TRELb.ST on Stockholm Stock Exchange

201.90SEK
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Latest Key Developments (Source: Significant Developments)

Trelleborg Q1 profit tops forecast, sees flat to slightly higher Q2 demand
Thursday, 27 Apr 2017 07:00am EDT 

April 27 (Reuters) - Trelleborg AB :Q1 EBIT, excluding items affecting comparability, rose 37 percent to SEK 1,154 mln (841).Says Q2 demand is expected to be in line with, or slightly higher, than q1 of 2017, adjusted for seasonal variations..Q1 organic sales increased 3 percent.Q1 Net sales rose 36 percent to SEK 8,298 mln(6,095), the highest on record for the Group in a single quarter .Says general industry improved in all regions and we noted healthy levels of activity in several of our market segments, particularly in Asia.Says we are working intensively to compensate for higher raw material prices, which is deemed to have a full impact particularly in second half of year.Reuters poll: Trelleborg Q1 EBIT was seen at SEK 1,070 million, sales at SEK 8,024 million.  Full Article

Hexpol buys Czech compounding business from Trelleborg for 65 mln euro
Friday, 31 Mar 2017 07:00am EDT 

Trelleborg AB , Hexpol : Trelleborg sells compounding operation in the Czech Republic to Hexpol . Says transaction is expected to result in a book capital gain of approximately SEK 450 m after tax. . Says divested operation, which had annual external sales of approximately SEK 300 m in 2016 and profitability in line with level for Trelleborg, will be deconsolidated on march 31, 2017 .Hexpol says acquisition price is estimated to approximately 65 MEUR on a cash and debt free basis and has been funded by a combination of cash and existing bank facilities.  Full Article

BRIEF-Hexpol buys Czech compounding business from Trelleborg for 65 mln euro
Friday, 31 Mar 2017 07:00am EDT 

Trelleborg AB , Hexpol : Trelleborg sells compounding operation in the Czech Republic to Hexpol . Says transaction is expected to result in a book capital gain of approximately SEK 450 m after tax. . Says divested operation, which had annual external sales of approximately SEK 300 m in 2016 and profitability in line with level for Trelleborg, will be deconsolidated on march 31, 2017 .Hexpol says acquisition price is estimated to approximately 65 MEUR on a cash and debt free basis and has been funded by a combination of cash and existing bank facilities.  Full Article

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

More From Around the Web

BRIEF-Trelleborg Q1 profit tops forecast, sees flat to slightly higher Q2 demand

* Q1 EBIT, excluding items affecting comparability, rose 37 percent to SEK 1,154 mln (841)