Year-end Report 2010

“Demand increased significantly during 2010. Sales for continuing operations increased to slightly more than SEK 27 billion and organic growth was 17 percent. The EBITDA margin for the full year was 12.1 percent, which means that this financial target was achieved. The distinct increase compared with last year is a result of increased volumes and a more efficient structure.
During and after the fourth quarter 2010 three bolt-on acquisitions and two divestments were realized. This is part of the accelerating efforts of strategically focus the operations on selected and profitable segments. In line with this strategy Trelleborg in January 2011, signed a Letter of Intent with Freudenberg to form a joint venture for operations in antivibration for light and heavy vehicles. The ambition is to create a global leader and the new company is expected to generate sales of SEK 12 billion, with 8,100 employees in 17 countries.
Cash flow remained strong during the year. We improved the capital structure and propose an increased dividend for 2010” says CEO Peter Nilsson

• Net sales in the quarter, including discontinued operations, increased to
  SEK 7,045 M (6,755) and to SEK 28,778 M (27,059) for the full year.
• Operating profit for the quarter, including discontinued operations, increased to SEK 423 M (197) and to SEK 1,952 M (773) for the full year.

Continuing operations:

• Net sales in the quarter increased to SEK 6,852 M (6,185).
  Net sales for the full year increased to SEK 27,196 M (24,769).
• Operating profit in the quarter increased to SEK 400 M (166).
  Items affecting comparability amounted to an expense of SEK 118 M (expense: 218).
  Operating profit for the full year increased to SEK 2,036 M (734).
  Items affecting comparability amounted to an expense of SEK 250 M (expense: 354).
• Operating cash flow in the quarter increased to SEK 929 M (845).
  Operating cash flow for the full year was SEK 2,190 M (3,040).

Market outlook for the first quarter of 2011. Overall, demand is expected to remain in line with or be slightly better than the fourth quarter of 2010, adjusted for seasonal variations.

Proposed dividend. The Board of Directors and the President propose a cash dividend of SEK 1.75 per share (0.50).

Invitation to a presentation and telephone conference on February 15 at 9:30 a.m.

A telephone conference will be held on February 15 at 9:30 a.m. The presentation will be held at Operaterrassen in Stockholm, Sweden. To participate in the telephone conference, call +46 (0)8-5051 3793 or +44 20 7806 1967 and state the code 6465135 or the password “Trelleborg”. The conference will also be broadcast in real time on the Internet.
Visit our website at 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)410–67070
Mobile: +46 (0)734–087070
E-mail: conny.torstensson@trelleborg.com

Media
Mikael Sjöblom, VP Media Relations
Tel: +46 (0)410–67015
Mobile: +46 (0)733–747015
E-mail: mikael.sjoblom@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 Tuesday, February 15, 2011 at 7:45 a.m.