North America, Trelleborg said, delivered the strongest performance, while sales in Asia were limited by COVID-19 restrictions in China for most of the year.
TIS sales to all industries performed positively, where deliveries to the aerospace industry and health care and medical "stood out with highly robust growth."
Trelleborg Wheel Systems—the divestment of which is expected to be completed in the coming months—saw a 32-percent year-on-year increase in sales to around $1.35 billion.
Gains at TWS included "good organic sales growth in all tire categories and most geographies during the (fourth) quarter."
The strong sales, Nilsson said, primarily were underpinned by solid deliveries to OE manufacturers. "In contrast, we noted falling sales to the aftermarket," he added.
The TWS unit's profitability increased because of effective cost control and price adjustments to counter rising costs, Trelleborg also reported.
The division reported a 46-percent rise in earnings to almost $168 million, helped by particularly strong performances in North and South America.
Commenting on the group's short-term outlook, Nilsson noted "several macroeconomic signs that we are approaching a cooler period compared with the strong growth seen in 2021 (and) 2022."
Overall, the group's general assessment, he said, is that demand in the first quarter will be lower than in the fourth quarter.