Release from Trelleborg AB’s AGM

Approximately 700 shareholders attended Trelleborg’s Annual General Meeting in Trelleborg on April 19. The theme of CEO Peter Nilsson’s address was “A continuously evolving Trelleborg”.

2011 was the best year so far for Trelleborg. We achieved our financial goals and strengthened our finances. We continued our determined efforts to achieve sustainable profitable growth by gradually strengthening and developing the Group.

“Our ambitious activities to develop the Group have yielded results. We have an improved global presence with a growing share of sales in such emerging markets as China, India and Brazil. We have established and expanded our presence for production and development as well as sales and services in prioritized markets to come closer to our customers. In parallel with these efforts, we strengthened Trelleborg’s brand and our brand portfolio, thus providing a competitive advantage in challenging global business environments. We expanded our presence in attractive segments primarily through organics means. However, to increase the pace of growth, we also completed a number of complementary acquisitions.

“Our priority is to continuously improve our performance in various processes, such as production, purchasing and capital management. We continue to focus on growth in selected segments and markets. At the same time, we are further intensifying our efforts in our interaction with customers using, for example, the support of digital technologies, with the aim of improving and simplifying their everyday operations and strengthening their businesses.”

Board of Directors
In accordance with a proposal from shareholders representing just over 64 percent of the votes in the company, Heléne Vibbleus Bergquist, Claes Lindqvist, Anders Narvinger, Sören Mellstig, Hans Biörck, Nina Udnes Tronstad, Bo Risberg and Peter Nilsson were re-elected Board members. The Annual General Meeting elected Anders Narvinger as Chairman of the Board.

The Meeting resolved in accordance with the Board of Directors’ and President’s motion to pay a dividend of SEK 2.50 per share. The record date for the dividend is April 24, which means that the dividend is expected to be paid from Euroclear Sweden AB on April 27, 2012.