TRELLEBORG: Interim report April - June 2014

Regulatory News:

Second quarter

Net sales for the second quarter of 2014 increased by 2 percent (0) and totaled SEK 5,725 M (5,628). Organic sales declined by 1 percent (increase: 2). Effects of structural changes contributed 0 percent (pos: 4) while the effects of exchange-rate movements were a positive 3 percent (neg: 6).

Operating profit, excluding the participation in TrelleborgVibracoustic and items affecting comparability, rose by 11 percent to SEK 802 M (723), equivalent to an operating margin of 14.0 percent (12.8), the Group’s highest ever for a single quarter.

Items affecting comparability amounted to an expense of SEK 99 M (expense: 204), which was fully attributable to previously announced restructuring programs. The year-earlier period included an expense of SEK 155 M associated with process and dispute costs.

Operating profit in the quarter for TrelleborgVibracoustic, excluding items affecting comparability, rose 26 percent to EUR 39 M (31). This corresponded to an operating margin of 8.9 percent (6.9), the highest to date for the company for a single quarter.

Trelleborg’s participation in TrelleborgVibracoustic amounted to SEK 42 M before tax (97). The participation includes items affecting comparability in the negative amount of SEK 126 M (neg: 11) that were mainly attributable to the previously communicated restructuring projects.

Earnings per share rose 38 percent to SEK 1.95 (1.41).

Operating cash flow amounted to SEK 539 M (531).

Market outlook for the third quarter of 2014

Demand is expected to be on a par with the second quarter of 2014, adjusted for seasonal variations.

For further information, please contact:

Media: Vice President Media Relations Karin Larsson, +46 (0)410 67015, +46 (0)733 747015, karin.larsson@trelleborg.com

Investors/analysts: Vice President IR Christofer Sjögren, +46 (0)410 67068, +46 (0)708 665140, christofer.sjogren@trelleborg.com

This is information of the type that Trelleborg AB (publ) is obligated to disclose in accordance with the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was issued for publication on Tuesday, July 22, 2014, at 07:45 CET.

Tags:

Q2 , trelleborg , Q2 2014

About Us

Trelleborg is a global industrial group. Operations are based on spearhead competence within polymer materials and a high level of industrial know-how, combined with functional solutions and systems designed to meet the needs of our customers.

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