For the full year, EBIT was up 25 percent at $142 million, and EBIT margin rose nearly two percentage points at 12.4 percent.
Trelleborg linked the fourth quarter EBIT decline to "a very strong comparative period, which was positively impacted by individual large-scale projects."
Furthermore, strong rises in raw material, logistics and energy costs as well as exchange rate effects also dampened profitability for the quarter.
Within Trelleborg Sealing Solutions, organic sales performed favorably in all market segments and geographies, apart from the automotive industry, which was held back by the shortage of components.
Sales to healthcare & medical developed positively, but the spread of the new omicron variant of COVID-19 had a negative impact on demand due to the postponement of some scheduled operations.
The segment reported a 28-percent increase in EBIT to $71.8 million, on 16 percent higher sales at $339 million over the fourth quarter. For the full year, sales were up 15 percent at $1.4 billion, while EBIT was up 34 percent at $306 million.
The "significant increase," Trelleborg said, was mainly due to higher volumes to most market segments.
Furthermore, the group said the effects of rising energy prices and raw materials were limited by "strict cost control and efficiency improvements."
Trelleborg Wheel Systems also performed strongly, with higher sales and EBIT in both fourth quarter and full year.