Substantial Q4 loss sends Trelleborg into red for the year

ERJ staff report (DS)

Trelleborg, Sweden — The global slowdown combined with a maelstrom of negative effects hit Trelleborg AB hard in the fourth quarter. An operating loss of SEK 800 million (Euro 74 million) on sales of SEK 7343 million in the last quarter pushed Trelleborg to a net loss for the 12-month period. 

For the 12 months, Trelleborg reported sales of SEK 31 263 million, up marginally from SEK 30 971 million reported a year ago. The company recorded an operating profit for the year,…

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