Trelleborg sets new business targets

ERJ staff report (BC)

Trelleborg, Sweden – Industrial elastomer technology specialist Trelleborg held a capital markets day at the Berns Salonger, Stockholm on 6 December.

President and CEO Peter Nilsson told investors and analysts of new targets going forward from fiscal year 2013.

For Trelleborg operations excluding the Vibracoustic joint venture with Freudenberg, the targets are organic growth of 5 percent or more and an EBIT margin of 12 percent or more (equivalent to EBITDA margin of around 15 percent).

For the group as a whole including Vibracoustic, return…

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