Operating profit for the three months to 30 Sept, reached its highest level for a third quarter, the Swedish company reported in a 27 Oct release. This, it noted. was despite weakness in the oil & gas market.
Operating margin stayed on par a year ago, as a result of "stringent cost control and strong market positions," the results statement continued.
“We have continuously worked to compensate for the higher raw material prices that prevailed for much of the year,” Trelleborg stated. “During the latter part of the quarter, we achieved compensation for raw material prices.”