Trelleborg AB (publ)

Trelleborg AB (publ) Earnings Recaps

TREL-B.ST Industrials 1 recap
Next earnings: January 29, 2027 (estimated) · full calendar
Q3 2026 Oct 27, 2026

Trelleborg reported record quarterly sales and margin, while growth was uneven across business areas. The stock rose 1.4%, a roughly flat reaction.

Key takeaways
  • Sales increased 8% year over year, including 6% organic growth; EBITA rose 16%, and the EBITA margin reached a quarterly record of 19.3%.
  • Management described cash flow as solid despite higher inventory and receivables; the company continued share buybacks of about SEK 500 million per quarter.
  • Industrial Solutions returned to organic growth, with project sales up 4%; EBITA increased, but margin eased on sales mix.
  • Construction demand remained slow, while automotive and rail were slightly down. Aerospace was strong across commercial, space, and defense.
  • Medical Solutions declined slightly against a tough comparison: the year-ago quarter included a large new-program startup.