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Trelleborg AB (TRELb.ST)

TRELb.ST on Stockholm Stock Exchange

205.10SEK
25 May 2018
Change (% chg)

1.10kr (+0.54%)
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Volume
47,822
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715,708
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215.10kr
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183.30kr

Latest Key Developments (Source: Significant Developments)

Trelleborg Q4 core profit just tops forecast, sees flat demand in Q1 vs Q4​
Friday, 2 Feb 2018 01:45am EST 

Feb 2 (Reuters) - Trelleborg Ab ::Q4 ‍NET SALES FOR Q4 OF 2017 ROSE 4 PERCENT TO SEK 7,708 M (7,434).​.Q4 ‍ORGANIC SALES INCREASED 7 PERCENT. EXCLUDING PROJECT DELIVERIES, CORRESPONDING INCREASE WAS 9 PERCENT.​.SAYS ‍BOARD OF DIRECTORS PROPOSES A CASH DIVIDEND OF SEK 4.50 PER SHARE​.Q4 ‍EBIT, EXCLUDING ITEMS AFFECTING COMPARABILITY, ROSE 10 PERCENT TO SEK 928 M (841)​.SAYS ‍THIS WAS EQUIVALENT TO AN EBIT MARGIN OF 12.0 PERCENT (11.3).​.Q1 MARKET OUTLOOK: ‍DEMAND IS EXPECTED TO BE ON A PAR WITH Q4 OF 2017, ADJUSTED FOR SEASONAL VARIATIONS.​.REUTERS POLL: TRELLEBORG Q4 ADJUSTED EBIT WAS SEEN AT SEK 901 MILLION, SALES AT SEK 7,571 MILLION, DIVIDEND AT 4.57 SEK/SHARE.REUTERS POLL: TRELLEBORG Q4 ADJUSTED EBIT WAS SEEN AT SEK 901 MILLION, SALES AT SEK 7,571 MILLION, DIVIDEND AT 4.57 SEK/SHARE.SAYS ‍OUR DELIVERIES TO AEROSPACE INDUSTRY REMAINED HEALTHY, ALTHOUGH WE OBSERVED INDICATIONS OF BOTTLENECKS IN SUB-SUPPLIER STAGE IN SECOND HALF OF YEAR​.SAYS ‍WE DO NOT ANTICIPATE ANY IMPROVEMENT IN NEAR FUTURE FOR PARTS OF OUR OIL & GAS OPERATION​.  Full Article

Trelleborg buys Dartex Holdings Ltd.
Thursday, 1 Feb 2018 08:30am EST 

Feb 1 (Reuters) - Trelleborg Ab ::Trelleborg has, through its business area Trelleborg Coated Systems, signed an agreement and finalized the acquisition of the privately owned U.K. company Dartex Holdings Ltd..Sales amount to approximately SEK 135 M on an annual basis..  Full Article

Trelleborg restructures in oil & gas amid challening market
Tuesday, 28 Nov 2017 09:00am EST 

Nov 28 (Reuters) - Trelleborg AB ::TRELLEBORG TO CONSOLIDATE AND ADAPT OPERATIONS IN OIL & GAS.SAYS ‍IMPLEMENTS A NUMBER OF STRATEGIC MEASURES TO SECURE TRELLEBORG'S LEADING POSITION AND COMPETITIVENESS IN OFFSHORE OIL & GAS SEGMENT, WHOSE MARKET CONDITION HAS BEEN CHALLENGING FOR A LONG TIME AND STILL IS​.SAYS ‍HAS DECIDED TO GRADUALLY DISCONTINUE MANUFACTURING OF SUBSEA BUOYS FOR DRILLING EQUIPMENT IN DEEP-WATER ENVIRONMENTS IN HOUSTON, TEXAS,​.SAYS ‍RESTRUCTURING COSTS RELATED TO TRELLEBORG OFFSHORE & CONSTRUCTION BUSINESS AREA WILL BE RECOGNIZED AS AN EXPENSE IN Q4 OF 2017 AMOUNTING TO ABOUT SEK 580 M​.SAYS ‍WILL BE RECOGNIZED AS AN ITEM AFFECTING COMPARABILITY​.SAYS ‍AMOUNT CONSISTS OF SEK 350 M ATTRIBUTABLE TO IMPAIRMENT OF INTANGIBLE ASSETS, SEK 70 M ATTRIBUTABLE TO IMPAIRMENT OF OPERATING ASSETS, AND SEK 160 M IN OTHER RESTRUCTURING COSTS​.SAYS ‍TOTAL IMPAIRMENT LOSSES OF SEK 420 M WILL NOT IMPACT CASH FLOW​.SAYS ‍CHANGES ARE EXPECTED TO IMPROVE EARNINGS FOR OPERATIONS CONCERNED BY APPROXIMATELY SEK 100 M PER YEAR UNDER PREVAILING MARKET CONDITIONS​.SAYS ‍AT SAME TIME AS ADAPTED STRUCTURE IS EXPECTED TO CONTRIBUTE TOWARD FURTHER EARNINGS IMPROVEMENTS WHEN MARKET RECOVERS​.  Full Article

Trelleborg Q3 core profit tops forecast​
Friday, 27 Oct 2017 01:45am EDT 

Oct 27 (Reuters) - Trelleborg AB :Q3 ‍net sales for Q3 of 2017 rose 3 percent to SEK 7,310 m (7,072).​.Says ‍Q4 demand is expected to be on a par with, or slightly better than, Q3 of 2017 adjusted for seasonal variations​.Trelleborg AB Q3 ‍ebit, excluding items affecting comparability, rose 1 percent to SEK 920 m​.Reuters poll: Trelleborg Q3 core EBIT was seen at SEK 907 million, sales at sek 7,361 million.  Full Article

Trelleborg proposes Hans Biorck as new chairman 2018
Friday, 15 Sep 2017 06:00am EDT 

Sept 15 (Reuters) - Trelleborg Ab :Trelleborg ab says sören mellstig, has after ten years as a board member, including five years as its chairman, declared that he is not available for re-election.Trelleborg ab says nomination committee has therefore today decided to propose to annual general meeting 2018, election of current director, hans biörck, as new chairman.Hans Biörck has been a Director of the Board of Trelleborg since 2009. He has in recent years devoted his time to directorships and is Chairman of Skanska AB.  Full Article

Trelleborg Q2 core EBIT just beats forecasts, sees Q3 demand in line with Q2
Thursday, 20 Jul 2017 01:45am EDT 

July 20 (Reuters) - Trelleborg AB :Q2 organic sales rose 3 percent.Q2 EBIT, excluding items affecting comparability, rose 21 percent to SEK 1,089 million (899).Q3 market outlook: demand is expected to be in line with Q2 adjusted for seasonal variations .Reuters poll: Trelleborg Q2 core EBIT was seen at SEK 1,081 million.  Full Article

Trelleborg to buy Automated Dynamics
Friday, 23 Jun 2017 03:00am EDT 

June 23 (Reuters) - Trelleborg Ab :Acquires manufacturer of advanced composite components.Signed an agreement to acquire U.S.-based privately-owned automated dynamics that specializes in manufacturing of advanced composite components.Company is located in Niskayuna, New York. Sales amounted to approximately SEK 65 nillion in 2016.This bolt-on acquisition is part of trelleborg's strategy to strengthen its positions in attractive market segments.Transaction is expected to be finalized in q3 of 2017.  Full Article

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

BRIEF-Trelleborg Q1 core profit narrowly tops forecast, sees stable Q2 demand

* Q1 EBIT, EXCLUDING ITEMS AFFECTING COMPARABILITY, ROSE 12 PERCENT TO SEK 1,291 M (1,154)