Trelleborg comments the impact of the Coronavirus
Organic sales for Trelleborg for the first quarter 2020 have been negatively impacted by the pandemic, particularly during the latter part of the quarter. The Group has continuously initiated measures to offset the development, entailing that the earnings trend and cash flow have been relatively stable despite the downturn in sales. The measures implemented address both costs and cash flow, and comprise focused cost-savings in the form of, for example, shortened working hours, lay-off notices and redundancies, temporary facility closures and reduced investments, and an intensified focus on