Interim report April - June 2011

“Demand during the quarter remained favorable in most segments. We are continuing to enhance our market positions. Growth was highly satisfactory, notably in China and India. Organic sales rose 13 percent. Operating profit, excluding items affecting comparability, increased to SEK 751 M, with the EBITDA margin exceeding our financial target and totaling 12.8 percent.
Higher raw material costs have been generally compensated by higher sales volumes, price adjustments and other measures. We are continuing to focus our operations and raise our presence in selected profitable segments. Two acquisitions and one divestment were completed during the period”, says President and CEO Peter Nilsson.

Continuing operations:

• Net sales during the second quarter of 2011 rose to SEK 7,583 M (7,187). Organic sales increased 13 percent (22).
• Operating profit totaled SEK 706 M (643). Items affecting comparability amounted to an expense of SEK 45 M (expense: 51). Operating profit excluding items affecting comparability was SEK 751 M (694).
• The EBITDA margin, excluding items affecting comparability, was 12.8 percent (13.2).
• Net profit was SEK 469 M (415), and earnings per share increased to SEK 1.70 (1.50). Excluding items affecting comparability, earnings per share were SEK 1.85 (1.65).
• Operating cash flow was SEK 467 M (792).
  Free cash flow was SEK 230 M (561).

The Group in total:

• Consolidated sales amounted to SEK 7,583 M (7,814). Operating profit increased to SEK 704 M (483).

Market outlook for the third quarter of 2011
In total, demand is expected to remain in line with the second quarter of 2011, adjusted for seasonal variations.

Invitation to teleconference on July 20 at 9:30 a.m.

A telephone conference will be held on July 20 at 9:30 a.m. To participate in the telephone conference, call +46 (8)-5051 3794 or +44 (0) 20 7806 1966.
Code: 860566 or “Trelleborg”. The conference will also be broadcast on the Internet in real time.
Visit our website: www.trelleborg.com/en/Investors/Presentations
for Internet link and presentation materials.

For further information, please contact:
Investors/analysts
Conny Torstensson, VP Investor Relations
Tel: +46 (0)410 – 670 70
Mobil: +46 (0)734 – 08 70 70
E-mail: conny.torstensson@trelleborg.com

Media
Karin Larsson, VP Media Relations
Tel: +46 (0)410 - 670 15
Mobile: +46 (0)733 - 74 70 15
E-mail: karin.larsson@trelleborg.com

This report contains forward-looking statements that are based on the current expectations of the management of Trelleborg. Although management believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove correct. Accordingly, results could differ materially from those implied in the forward-looking statements as a result of, among other factors, changes in economic, market and competitive conditions, changes in the regulatory environment and other government actions, fluctuations in exchange rates and other factors.

This is information of the type that Trelleborg AB (publ) is obligated to disclose in accordance with the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was issued for publication on July 20, 2011, at 7:45 a.m.

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