Trelleborg publishes restated figures according to new reporting structure
Trelleborg communicated on March 26, 2021, that the Businesses Under Development reporting segment is to be discontinued, since its operations have been largely divested or are intended to be divested during 2021. The new organization will be reflected in Trelleborg’s first quarter report for 2021. Historical sales and earnings figures that take into account the new organization is attached to this press release and can also be found as an excel file on Trelleborg’s website: https://www.trelleborg.com/en/investors/reports-and-presentations/restated-figures-2021.
In the financial statements, the remaining operations of the reporting segment are mainly reported as Assets held for sale or Group activities (formerly known as Group items). A smaller part is integrated into the Trelleborg Industrial Solutions business area. The other two business areas, Trelleborg Sealing Solutions and Trelleborg Wheel Systems are unaffected by the new reporting structure.
For further information, please contact:
Media: Vice President Media Relations Karin Larsson, +46 (0)410 67015, +46 (0)733 747015, karin.larsson@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, +46 (0)410 67068, +46 (0)708 665140, christofer.sjogren@trelleborg.com
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 33 billion and operations in about 50 countries. The Group comprises three business areas: Trelleborg Industrial Solutions, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on Nasdaq Stockholm, Large Cap.
www.trelleborg.com