Trelleborg (TREL) investor relations material

Executive summary

• Achieved record quarterly sales of SEK 9,161 million, up 7% year-over-year, with organic growth at 8% and all business areas contributing.

• EBITA reached SEK 1,761 million, a record high, with a margin of 19.2%.

• Earnings per share excluding items affecting comparability increased 18% to SEK 5.07.

• Strong operating cash flow improved 22% to SEK 1,217 million, with cash conversion above 90%.

• Acquisition of Gomet completed, strengthening the aftermarket position in automotive sealing products.

Financial highlights

• Organic sales growth was 8%, M&A contributed 1%, and currency effects were -2%.

• EBITA excluding items affecting comparability rose 11% to SEK 1,761 million; margin improved from 18.6% to 19.2%.

• Earnings per share (excl. items affecting comparability) increased from SEK 4.31 to SEK 5.07.

• Net profit for the quarter was SEK 1,082 million, up 17% year-over-year.

• Cash flow improved to SEK 1,217 million; cash conversion reached 96% over the last 12 months.

Outlook and guidance

• Demand expected to remain solid but somewhat lower in Q3 2026 due to higher comparative figures and seasonal effects.

• Organic growth in Q3 expected to be lower than Q2 but still above long-term guidance of 4%.

• CapEx guidance for the year at SEK 1.45 billion; restructuring costs expected at SEK 375 million; underlying tax rate at 25%.

• Geopolitical uncertainty continues to impact market conditions.