Sweden's Trelleborg Q1 sales beat analyst estimates despite currency hit

Trelleborg AB

23/04/2026 12:18

Overview

Sweden's engineered polymer solutions provider's Q1 sales beat analyst expectations despite currency headwinds

Adjusted EPS for Q1 rose 5% yr/yr, driven by share buyback program

Company expects Q2 demand to be somewhat higher, but outlook remains uncertain

Outlook

Company expects Q2 demand to be somewhat higher than Q1, adjusted for seasonal variations

Company says outlook remains uncertain due to geopolitical situation

Sales to infrastructure and marine projects expected to increase in second half of year

Result Drivers

ORGANIC GROWTH - All three business areas reported year-on-year organic sales growth, with organic sales up 4% for the group

NEGATIVE CURRENCY IMPACT - Net sales and EBITA were negatively affected by currency translation, reducing reported sales by 9% and EBITA by SEK 132 mln

SEGMENT PERFORMANCE - Medical Solutions and Sealing Solutions segments delivered solid organic growth, with strong demand from medtech, aerospace, and industrial customers

Company press release: ID:nMFN9CqSsT

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
SEK 8.61 bln
SEK 8.45 bln (8 Analysts)
Q1 Adjusted EPS
SEK 4.50
Q1 EPS
SEK 4.35


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Trelleborg AB is SEK385.00, about 1.3% above its April 22 closing price of SEK380.00

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)