Trelleborg looks at future of Automotive unit

Stockholm, Sweden — Trelleborg AB is reviewing its automotive business, with special emphasis on the hose sector. Speaking at the company's capital markets day, Trelleborg president and CEO, Peter Nilsson said "A number of actions have been identified, these are being analysed and will successively be initiated and announced."
Although Nilsson declined to specifiy which sectors are under serious review, corporate sources said the hose sector will definitely be under scrutiny in terms of its mid-term future with Trelleborg. The company said it is looking at all…

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