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Trelleborg AB (TRELb.ST)

TRELb.ST on Stockholm Stock Exchange

189.10SEK
21 Sep 2018
Change (% chg)

3.50kr (+1.89%)
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185.60kr
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187.75kr
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1,426,595
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215.10kr
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171.85kr

Latest Key Developments (Source: Significant Developments)

Trelleborg buys manufacturer of silicone components for healthcare & medical industry
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Trelleborg AB ::SAYS ACQUIRES MANUFACTURER OF SILICONE COMPONENTS FOR HEALTHCARE & MEDICAL INDUSTRY.SAYS SIL-PRO TOTAL SALES AMOUNTED TO ABOUT SEK 350 MLN IN 2017.SAYS THE ACQUISITION COMPLEMENTS AND BROADENS TRELLEBORG’S CURRENT OFFERING IN THE HEALTHCARE & MEDICAL INDUSTRY.  Full Article

Trelleborg Q2 adjusted EBIT just misses forecasts
Friday, 20 Jul 2018 

July 20 (Reuters) - Trelleborg AB ::SAYS NET SALES FOR Q2 OF 2018 ROSE 6 PERCENT TO SEK 8,786 M (8,265)..Q2 ORGANIC SALES INCREASED 2 PERCENT.Q2 EXCLUDING PROJECT DELIVERIES, CORRESPONDING INCREASE WAS 4 PERCENT.IN Q3, OUR OVERALL ASSESSMENT IS THAT DEMAND WILL BE IN LINE WITH Q2.Q2 EBIT, EXCLUDING ITEMS AFFECTING COMPARABILITY, ROSE 19 PERCENT TO SEK 1,293 M (1,089).SAYS Q3 DEMAND IS EXPECTED TO BE ON A PAR WITH Q2 OF 2018, ADJUSTED FOR SEASONAL VARIATIONS.REUTERS POLL: TRELLEBORG Q2 NET SALES WERE SEEN AT SEK 8,827 MILLION, ADJUSTED. EBIT AT SEK 1,310 MILLION.SAYS OUR OIL & GAS OPERATION EXPERIENCED A CONTINUED WEAK MARKET, MAINLY AFFECTING BUSINESS AREA TRELLEBORG OFFSHORE & CONSTRUCTION, WHICH AGAIN REPORTED A LOSS FOR QUARTER.SAYS HOWEVER, THIS OPERATION ONLY HAD A MINOR IMPACT ON OUR QUARTERLY EARNINGS FROM A GROUP PERSPECTIVE.SAYS WE ARE NOW SEEING CLEAR SIGNS OF INCREASED ACTIVITY IN THIS SEGMENT, WHICH IS EXPECTED TO LEAD TO INCREASED DELIVERIES WITH A CERTAIN TIME LAG, DEPENDING ON NATURE OF BUSINESS.SAYS TO SUMMARIZE, DURING PERIOD, WE HAVE SEEN A POSITIVE DEMAND SITUATION IN MOST OF OUR SEGMENTS AND WE ARE ENTERING Q3 WITH STRENGTHENED OPTIMISM.SAYS POLITICAL AND ECONOMIC TENSIONS IN GLOBAL ARENA HAVE INTENSIFIED, WHICH MAY IMPACT TRADE AND WILLINGNESS TO INVEST MORE THAN WE SEE TODAY.  Full Article

Trelleborg Acquires Coated Fabrics Company In North America
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Trelleborg AB ::TRELLEBORG ACQUIRES COATED FABRICS OPERATION IN NORTH AMERICA.SAYS TOTAL SALES AT ACQUIRED CO - PRIVATELY OWNED COMPANY LAMINATING COATING TECHNOLOGIES, INC - AMOUNTED TO ABOUT SEK 185 M IN 2017.SAYS TRANSACTION WILL BE CONSOLIDATED AS OF JULY 1.  Full Article

Trelleborg Acquires Tire Distributor In New Zealand
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Trelleborg AB ::TRELLEBORG ACQUIRES TIRE DISTRIBUTOR IN NEW ZEALAND.TRELLEBORG AB SAYS TRS TYRE & WHEEL LTD ANNUAL SALES AMOUNT TO APPROXIMATELY SEK 160 M.  Full Article

Trelleborg confirms Q2 outlook
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Trelleborg AB ::SAYS CONFIRMS MARKET OUTLOOK FOR Q2 2018.OUTLOOK WAS FOR DEMAND TO BE ON A PAR WITH THE FIRST QUARTER OF 2018, ADJUSTED FOR SEASONAL VARIATIONS.SAYS REITERATES GROUP'S FINANCIAL GUIDELINES FOR 2018, WHICH INCLUDE TOTAL CAPITAL EXPENDITURES OF SEK 1,800-2,000 M AND RESTRUCTURING COSTS OF ABOUT SEK 250 M.  Full Article

Trelleborg restructures in oil & gas amid challening market
Tuesday, 28 Nov 2017 

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 

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 invests in high-end production for sealing solutions in Denmark
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Trelleborg AB :Trelleborg invests in high-end production for Sealing Solutions in Denmark.Says Trelleborg will invest a total of approximately SEK 120 m during 2017-2020.Says investment for this year is within previously announced framework for capital expenditures for 2017.  Full Article

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Maersk poaches new finance chief from Assa Abloy

COPENHAGEN Denmark's A.P. Moller-Maersk has chosen Carolina Dybeck Happe as its new Chief Finance Officer, it said on Wednesday.