Trelleborg announces year-end results
ERJ staff report (DS)
Trelleborg, Sweden -- Trelleborg Group's net sales for continuing operations for the 12 months to December 2011 totaled SEK 29,106 M (27,196), up 7 percent (10). Organic sales increased 11 percent (17). Structural changes represented a positive impact of 2 percent (0), while exchange rates had a negative impact of 6 percent (negative 7).
Earnings. Operating profit for 2011 amounted to SEK 2,431 M (2,036). Exchange-rate fluctuations arising from the translation of earnings of foreign Group companies had a negative impact on operating profit of SEK 165 M compared with the corresponding period in 2010. Profit before tax totaled SEK 2,222 M (1,818). Net profit was SEK 1,578 M (1,284). Earnings per share were SEK 5.75 (4.65).
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Press release from Trelleborg