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Trelleborg AB (TRELb.ST)

TRELb.ST on Stockholm Stock Exchange

191.80SEK
21 Jun 2018
Change (% chg)

-1.75kr (-0.90%)
Prev Close
193.55kr
Open
193.15kr
Day's High
193.50kr
Day's Low
189.25kr
Volume
1,104,639
Avg. Vol
714,723
52-wk High
215.10kr
52-wk Low
183.30kr

Latest Key Developments (Source: Significant Developments)

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

Trelleborg says acquires U.S aerospace supplier
Wednesday, 28 Sep 2016 

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 

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 

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 

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

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)