Trelleborg confirms key financial figures for Minnesota Rubber & Plastics

Ahead of an analyst meeting today, December 5, 2022, Trelleborg Group confirms key financial figures for the recently acquired company Minnesota Rubber & Plastics as below:

• Annual sales: approximately SEK 2,250 M (R12 Q3 2022)
• Organic growth January 2017 to September 2022: CAGR 7 percent
• EBITA margin: approximately 21 percent (R12 Q3 2022)
• EBITDA margin: approximately 24 percent (R12 Q3 2022)

Estimates of PPA effects is ongoing and will be reported in connection with Trelleborg’s report for the fourth quarter of 2022, which will be published on January 27, 2023.

At Trelleborg’s capital markets day in December 2021, it was communicated that approximately one third of Trelleborg’s total sales are to industries and niches that grow organically more than 5 percent. With the acquisition of Minnesota Rubber & Plastics and the upcoming divestment of the business area Trelleborg Wheel Systems, these fast-growing industries will comprise approximately 40 percent of Group’s total sales.

Trelleborg finalized the acquisition of the US-based company Minnesota Rubber & Plastics in October 2022. The company has its headquarters and innovation center outside of Minneapolis, Minnesota, US, and it has a total of eight manufacturing facilities globally.

The presentations that will be shown at the analyst meeting is published on www.trelleborg.com/en/investors/reports-and-presentations/presentations.