Trelleborg results to be hit by higher NR prices

Trelleborg, Sweden -Trelleborg's chief executive officer Peter Nilsson is this week telling investors that increased NR and aluminium prices will hit Trelleborg's second quarter earnings harder than expected.

“The turbulent price trend for raw materials in the form of sharply increased prices has been compounded during the second quarter and resulted in greater cost pressure. This is mainly affecting Trelleborg Automotive. Increased raw-material prices affect us following a certain time lag and, because we work under contracts of various durations, the length of such lags and the impact of our various raw materials also vary.

In total, Trelleborg spends between SwKr 1000 million and 1500 million (€110 million to €1600 million) annually on natural rubber and aluminum.

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Press release from Trelleborg