Trelleborg sales increase 13%

LSRUNQI

Trelleborg sales increase 13%
7 f+ c( j/ ~) B6 CThursday, July 21, 2011
9 G: z4 M  C, }' `6 x
) ^: Y& _" M# K* P# ?& t0 t5 JTrelleborg, Sweden - Trelleborg president and CEO Peter Nilsson said “Demand during the quarter remained favorable in most segments. We are continuing to enhance our market positions. Growth was highly satisfactory, notably in China and India. Organic sales rose 13%. Operating profit, excluding items affecting comparability, increased to SEK 751 M, with the EBITDA margin exceeding our financial target and totaling 12.8%. Higher raw material costs have been generally compensated by higher sales volumes, price adjustments and other measures. We are continuing to focus our operations and raise our presence in selected profitable segments. Two acquisitions and one divestment were completed during the period,” he said. Net sales during the second quarter of 2011 rose to SEK 7,583 M. Operating profit totaled SEK 706 M. Net profit was SEK 469 M.