During the quarter, we improved the Group’s geographic balance by expanding our presence in markets outside Western Europe and North America. Actions included the inauguration of a new facility in China. In parallel, we are continuing to invest in what we consider attractive market segments. Two acquisitions were completed during the quarter and one after the end of the period. These transactions strengthen our position as a leader in our selected niches.

Trelleborg’s new focused organization enhances our operational focus and more clearly distinguishes our offering. Our current operative strength and considerable financial stability offer us favorable opportunities to also perform during less favorable market conditions. This is a strength that naturally also provides us with robust capacity for actions.

The market outlook remains uncertain and, with limited visibility, it is not possible to make a detailed forecast. As we have done in the past, we are carefully monitoring the economic trend and are continuing to maintain a healthy preparedness to manage shifting market conditions,” says Peter Nilsson, President and CEO.