Brief: Trelleborg Q4 Demand Expected In Line With Q3

Trelleborg AB

26/10/2023 06:53

Oct 26 (Reuters) - Trelleborg AB  TRELb.ST :
    * Q3 EBITA, EXCLUDING ITEMS AFFECTING COMPARABILITY,
INCREASED 11
PERCENT TO SEK 1,487 M (1,336). EBITA MARGIN WAS 17.6 PERCENT
(17.7)
    * Q3 EBITA, EXCLUDING ITEMS AFFECTING COMPARABILITY,
INCREASED 11
PERCENT TO SEK 1,487 M (1,336). EBITA MARGIN WAS 17.6 PERCENT
(17.7)
    * MARKET OUTLOOK FOR Q4: DEMAND IS EXPECTED TO BE IN LINE
WITH THE
THIRD QUARTER OF 2023, ADJUSTED FOR SEASONAL VARIATIONS
    * INFLATION CONTINUED TO IMPACT US, THOUGH WE SUCCESSFULLY
OFFSET
THIS THROUGH PRICE ADJUSTMENTS AND ONGOING EFFICIENCY
IMPROVEMENTS
    * MARKET OUTLOOK FOR Q4: GEOPOLITICAL SITUATION ENTAILS
HEIGHTENED
DEGREE OF UNCERTAINTY
    * TRELLEBORG INDUSTRIAL SOLUTIONS REPORTED ORGANIC SALES
THAT WERE
SLIGHTLY LOWER COMPARED WITH STRONG YEAR-EARLIER PERIOD
    * ORGANIC SALES FOR TRELLEBORG SEALING SOLUTIONS DECLINED
MARGINALLY COMPARED WITH PRECEDING YEAR

Source text for Eikon:  ID:nMFNbbwMX1 
Further company coverage:  TRELb.ST 

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