Annual Report Summary 2017

We seal, damp and protect critical applications in demanding environments

Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. The Group has demonstrated stable profitability and a favorable earnings performance in recent years, despite challenging market conditions in certain segments.

Interview with the CEO

“We are continuing to build a stronger Trelleborg, with a basis in steadily improved leading positions. Our ambition is to do this in continuous small steps, supplemented with investments and acquisitions that accelerate the process.”

Full interview (PDF)

The Group in brief – Growth and Better Earnings

In 2017, the Trelleborg Group had annual sales of SEK 31,581 million had operations in about 50 countries with a total of 23,152 employees. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. 

1) For comparability, historical values have been adjusted for discontinuing operations.
2) The average number of shares was adjusted in accordance with IAS 33. No dilutive effects occurred.


Trelleborg as an investment 

Trelleborg is working continuously to create value for all its stakeholders. A number of global trends lay the foundation for continued positive development. 

Annual report 2017 cover

Global trends support business focus

Trelleborg operates in selected market segments where the Group has the potential to achieve favorable profitability and leading positions. Global trends such as urbanization, population growth and increased transportation benefit Trelleborg’s choice of segments and support the focus on products and solutions for enhanced sustainability.

Continuous optimization of portfolio and processes

Trelleborg’s continuous efforts to improve its geographic balance, optimize its portfolio, improve structures and strive for excellence have yielded consistent and strong results, even in years of low growth.



Strong position and value creation built on applications expertise and business acumen

Trelleborg’s strong positions with engineered products and solutions is the result of in-depth applications expertise that reflects the needs of customers and is critical to their applications. The Group is characterized by far-reaching delegation of responsibilities and powers and encourages rapid decisions.

Balanced earnings and strong cash flow

The company operates in market segments with a favorable balance between early and late cyclical industry, thus leading to balanced earnings. Trelleborg’s strong cash flow allows the Group to maintain a high rate of acquisition and favorable dividends in parallel with facilitating organic growth.

Enhanced market exposure 

Trelleborg endeavors to maintain an exposure toward market segments that as a whole have a favorable balance between early and late cyclical industry, meaning general as well as capital-intensive industry, the demand from which often balances each other out.

The Group’s exposure to various market segments has changed over time. Previously, the automotive industry accounted for a significant share of Trelleborg’s sales, but the Group has now achieved a better balance in relation to its market exposure.

Business Areas 

The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. From the beginning of 2018, the Rubena Savatech will be integrated with Trelleborg Industrial Solutions and Trelleborg Coated Systems.

Sustainability 

Aiming to become world class in sustainability entails a number of things for us. It includes understanding the company’s role in society and acting responsibly in the areas where we directly or indirectly can make a difference – regulatory compliance, resources, social engagement and diversity.

With our products and solutions for sustainability, Trelleborg creates long-term value for our shareholders as well as for society.

The Blue Dimension™ initiative is our way of showing how we can use innovative solutions to help our customers protect people, the environment, infrastructure and assets, through such properties as the energy efficiency of solutions, their ability to dampen noise and vibrations and their material durability.