STOCKHOLM, Sweden (July 22, 2011)—Trelleborg A.B.'s net sales for the second quarter rose 5.5 percent to about $1.19 billion, with operating profits jumping 9.8 percent to $111 million.
“Demand during the quarter remained favorable in most segments,” said President and CEO Peter Nilsson. “Higher raw material costs have been generally compensated by higher sales volumes, price adjustments and other measures. We are continuing to focus our operations and raise our presence in selected profitable segments.”
Trelleborg said it looks for third-quarter demand to remain in line with the second quarter, adjusted for seasonal variations.