Trelleborg, Sweden – Despite challenging trading conditions, Trelleborg has continued to strengthen its positions in several markets and segments, the company said in its 2014 annual results statement.
According to the company, net sales 2014 rose by 5 percent compared to the previous year to SEK22,515 million (€2,313 million), while the operating profit and margin were the highest to date for the group.
Operating profit, excluding the participation in TrelleborgVibracoustic and items affecting comparability, rose 15 percent to SEK3,001 million from SEK2,613 million in 2013. According to Trelleborg, the operating profit was the highest to date for a full year.
Operating profit for the full year for TrelleborgVibracoustic, excluding items affecting comparability, rose 21 percent to €151 million from last year’s €125 million, Trelleborg’s participation in TrelleborgVibracoustic amounted to SEK 298 million after tax.
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
Unlimited access to ERJ articles online
Daily email newsletter – the latest news direct to your inbox