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TREL B Trelleborg AB News Story

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Trelleborg shares rise after Q1 beat

** Shares in Swedish engineering group Trelleborg TRELb.ST are up about 4.6% after its Q1 results beat estimates

** Its quarterly sales of SEK 8,606 million ($930.54 million) fell 3% yoy due to a negative currency impact, but beat the SEK 8,449 million estimate by LSEG

** Q1 adj. EBITA came in at SEK 1,586 mln, ahead of the SEK 1,543 mln seen in an LSEG poll

** The group said it expects second quarter demand to be somewhat higher compared to the first quarter, adjusted for seasonal variations

($1 = 9.2484 Swedish crowns)

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))

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