Trelleborg posts “record“ results in 2018

Trelleborg, Swedish – Trelleborg AB has registered a 15% year-on-year increase in operating profit, to SEK4.7bn (€447 million), in 2018, the company announced 13 Feb.

Net sales for the full year increased 8% to SEK34.0 billion, compared to 2017.

The earnings improvement was linked to “higher volumes, cost control and synergy extraction,” a company spokeswoman explained to ERJ.

“We achieved a record result, although parts of our project business fought an uphill battle,” said president and CEO Peter Nilsson in a 13 Feb presentation of the company’s 2018…

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