Trelleborg Q3 Report 2023
- Net sales for the quarter increased 12 percent to SEK 8,458 M (7,536). Organic sales decreased 1 percent compared with the preceding year, while acquisitions increased sales by 9 percent and currency by 4 percent.
- EBITA, excluding items affecting comparability, increased 11 percent to SEK 1,487 M (1,336). The EBITA margin was 17.6 percent (17.7).
- Operating cash flow amounted to SEK 1,608 M (928), an increase of 73 percent. The cash conversion ratio for the most recent 12-month period amounted to 99 percent (63).
- Items affecting comparability for the quarter totaled SEK -111 M (-68) and pertained to restructuring costs.
- EBITA, including items affecting comparability, amounted to SEK 1,376 M (1,268) for the quarter.
- Earnings per share for continuing operations, excluding items affecting comparability, amounted to SEK 4.19 (3.52), up 19 percent. For the Group as a whole, earnings per share were SEK 3.84 (4.79), where discontinuing operations contributed SEK 1.46 in the year-earlier quarter. These were divested in the second quarter of 2023.
- The key figures in this report relate to continuing operations, unless otherwise stated.
Market outlook for the fourth quarter of 2023
Demand is expected to be in line with the third quarter of 2023, adjusted for seasonal variations. The geopolitical situation entails a heightened degree of uncertainty. For further information, refer to page 10.
Market outlook from the interim report published on July 19, 2023, relating to the third quarter of 2023
Demand is expected to be somewhat lower than in the second quarter of 2023, adjusted for seasonal variations. The geopolitical situation entails a heightened degree of uncertainty.
