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TREL B Trelleborg AB News Story

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Trelleborg among top STOXX gainers after Q3 earnings beat

** Shares of Trelleborg TRELb.ST rise 7.7% to SEK 411, their highest price since March 20, after the Swedish engineering group reported higher than expected results for the third quarter

** The company reports Q3 EBIT of SEK 1.4 billion ($148.7 million), 11% higher than the consensus forecast compiled by it

** EBITA, excluding items affecting comparability, rises 5% to SEK 1.54 billion YoY

** "Although market uncertainty remains, our assessment is that demand in the fourth quarter will be on a par with the third quarter," says Trelleborg CEO Peter Nilsson

** The stock is among top performers on Europe's benchmark STOXX 600 index .STOXX

($1 = 9.4155 Swedish crowns)

(Reporting by Agnieszka Gosciak-Rabalska)

((agnieszka.gosciakgdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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