Interim report July- September 2008

Continued good sales – lower profit due to weak automotive market

Net sales in the third quarter rose slightly compared with 2007. The market situation was influenced by increased uncertainty in several segments.
Operating profit for the quarter, excluding items affecting comparability, amounted to SEK 450 M (547), negatively impacted by developments in Trelleborg Automotive. Furthermore did temporary production disruptions in a unit belonging to the offshore oil/gas segment in Trelleborg Engineered Systems affect earnings negatively in the amount of approximately SEK 50 M. The operating margin totaled 5.9 percent (7.4).
Items affecting comparability had a negative impact on earnings in the amount of SEK 187 M (neg: 112), the bulk of which was attributable to the ongoing restructuring program in the Trelleborg Automotive business area.

Operating cash flow remained strong.

“The third quarter was primarily affected by the negative trend in the car market in North America and Western Europe. For long time now, we have conducted ongoing activities aimed at adjusting our organization and cost base to the lower demand level. These efforts are gradually yielding effects and we are continuing to initiate measures to adapt our company to prevailing market conditions,” says President and CEO Peter Nilsson.


July - Group Continuing operations
September excl. items affecting
comparability

SEK M 2008 2007 2008 2007

Net sales 7 527 7 453 7 527 7 415
Operating 263 431 450 547
profit
Profit for 102 217 231 307
the period
Earnings per 1.15 2.35 2.60 3.35
share, SEK 1)

January -
September
SEK M 2008 2007 2008 2007

Net sales 23 920 23 172 23 920 23 048
Operating 1 174 1 365 1 806 1 750
profit
Profit for 584 698 1 016 1 004
the period
Earnings per 6.40 7.60 11.20 11.00
share, SEK 1)

1) Profit for the period attributable to equity holders of the parent divided by the average number of shares.

Outlook for the fourth quarter of 2008.
In general a lower demand is expected compared with the same quarter in 2007. A continued substantial decline is anticipated in the automotive industry in North America and Western Europe. Demand is expected to remain strong for the segments aerospace, offshore oil/gas, infrastructure construction and agriculture.

Invitation to telephone conference on October 28 at 9:30 a.m.
A telephone conference will be held on October 28 at 9:30 a.m. Call +46 (0)8–5352 6440 or
+44 (0)20 7138 0824 and state the code 434 8851 or the password “Trelleborg.”
Presentation materials will be available at www.trelleborg.com about 30 minutes prior to the commencement of the conference. Click on “Investors” and then “Presentations.”

Calendar
Capital Markets Day in Stockholm December 3, 2008
Year-end report 2008 February 11, 2009
Interim report January-March 2009 April 23, 2009
Annual General Meeting in Trelleborg April 23, 2009
Interim report January-June 2009 July 24, 2009

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

Media
Mikael Sjöblom, VP, Media Relations
Tel: +46 (0)410–670 15
Mobile: +46 (0)733–74 70 15
E-mail: mikael.sjoblom@trelleborg.com