Trelleborg earnings up as Mitas integrates

Trelleborg, Sweden – As Trelleborg completed the integration of its latest acquisitions in the third quarter, sales and earnings rose in the three months to end of September, according to an interim report by the Swedish rubber company.

Net sales increased to SEK 7,072 million (€728 million) from SEK 5,975 the previous year, despite registering a 5% decline in organic sales due to downturn in the oil & gas segment.

The drop in the oil & gas sector was offset by structural changes, which made a positive…

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