Interim report January-September 2017
Third quarter 2017 – Increased sales and strong result
- Sales increased 7 per cent to 2,936 MSEK (2,742).
- Operating profit amounted to 470 MSEK (475).
- Operating margin amounted to 16.0 per cent (17.3).
- Profit after tax amounted to 333 MSEK (339).
- Earnings per share amounted to 0.97 SEK (0.98).
- Operating cash flow amounted to 534 MSEK (585).
Jan-Sep 2017 – Increased sales and higher result
- Sales increased 14 per cent to 9,304 MSEK (8,126).
- Operating profit increased 6 per cent to 1,519 MSEK (1,437).
- Operating margin amounted to 16.3 per cent (17.7).
- Profit after tax rose to 1,078 MSEK (1,023).
- Earnings per share increased 5 per cent to 3.13 SEK (2.97).
- Operating cash flow amounted to 1,392 MSEK (1,490).
- Mikael Fryklund appointed President and CEO, started July 1.
- In early April, Valley Processing, a well-known US Rubber Compounder, was acquired.
- March 31, Trelleborg’s Rubber Compounding unit in Czech Republic, a well-known Rubber Compounder in Central Europe was acquired.
President’s comments
“The third quarter of 2017 was another strong quarter. The sales increased 7 per cent to 2,936 and the volume development was positive. During the quarter, the prices on our main raw materials have been stable and the price pressure continued strong on all markets. The sales to automotive related customers were still good and improved to customers within engineering and general industry. Currency effects had a negative impact on both sales and operating profit. Earnings per share amounted to 0.97 SEK (0.98). The operating cash flow was strong and amounted to 534 MSEK.
The period January-September was strong with positive volume development. The sales increased 14 per cent and earnings per share increased 5 per cent. At the end of March, Trelleborg’s Rubber Compounding unit in Czech Republic, a well-known Rubber Compounder in Central Europe, was acquired. In early April, Valley Processing, a well-known US Rubber Compounder, was acquired. Our financial position remains strong and we are well equipped for further expansion.”
Mikael Fryklund, President and CEO
For more information, please contact:
Mikael Fryklund, President and CEO
Tel: +46 (0)40 25 46 61
Karin Gunnarsson, Chief Financial Officer/ Investor Relations Manager
Tel: +46 (0)705 55 47 32