Trelleborg Group’s Annual Report for 2012 published
The Trelleborg Annual Report for 2012 has been published today on the website www.trelleborg.com
In the CEO’s comments, President and CEO Peter Nilsson summarized that the Trelleborg Group – despite a turbulent economic climate in 2012 – improved its geographic balance and portfolio of operations, and strengthened its market positions.
“Developments in 2012 confirmed that the Trelleborg Group’s many years of change efforts have generated results. Net sales and earnings rose slightly despite an increasingly challenging market environment. The Group showed its strength in the upturn in the first half of the year and also its robustness and stability during the gradual deterioration in market demand in the second half of the year. The Group now has adequate financial strength, giving us the scope to continue to significantly improve its positions in the next few years,” writes Peter Nilsson.
The Trelleborg Group passed several key strategic milestones in 2012. The TrelleborgVibracoustic joint venture became operational in the third quarter, a new focused business area structure was launched and the Board adopted new financial targets.
“2012 was characterized by several major, forward-looking strategic advances. However, Trelleborg has retained the same vision, strategies and priorities for our continuous improvement work. We are working to attain an improved geographic balance, improved structures, continued portfolio optimization and excellence in everything we do.
Corporate Responsibility (CR) and employeeship remain integral parts of the strategic governance of the Trelleborg Group. In the Annual Report, the CR sections dealing with employees, production processes and innovation have been highlighted in the opening strategy chapter. Because these aspects account for much of the Group’s value generation, this represents a natural and future-oriented change.
“Sustainability is becoming an increasingly visible part of Trelleborg’s business operations. We are working on this issue in various dimensions and are increasingly highlighting how our solutions are beneficial for society as well as for our customers. Just like in other areas, our focus is on continuous improvement.”
The Annual Report can be ordered at www.trelleborg.com or from Trelleborg Corporate Communications, Tel: +46 (0)410 670 38.
Trelleborg is a world leader in engineered polymer solutions that seal, damp and protect critical applications in demanding environments. Its innovative engineered solutions accelerate performance for customers in a sustainable way. The Trelleborg Group has annual sales of about SEK 21 billion in over 40 countries. The Group comprises five business areas: Trelleborg Coated Systems, Trelleborg Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. In addition, Trelleborg owns 50 percent of TrelleborgVibracoustic, a global leader within antivibration solutions for light and heavy vehicles, with annual sales of approximately SEK 14 billion in about 20 countries. The Trelleborg share has been listed on the Stock Exchange since 1964 and is listed on NASDAQ OMX Stockholm, Large Cap. www.trelleborg.com
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