Trelleborg ‘compensates’ for higher materials costs

Trelleborg_HQTrelleborg, Sweden – Trelleborg AB has reported a 3% increase in net sales for the third quarter of 2017 to SEK 7,310 million (€753 million),  while operating profit (EBIT, excluding items affecting comparability) rose 1% to SEK920 million.

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…

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