Trelleborg Wheel Systems’ 3Q Results

During the third quarter 2005 Trelleborg experienced a strong trend in both agricultural and industrial tyre sales. Between January and September sales rose by 12 per cent compared with 2004 totalling 721 million Swedish Krona. Operating profit rose by slightly more than 40 per cent compared with the previous year, amounting to 55 million Krona. Trelleborg puts this down to increased sales volumes, new OEM customers, favourable product mix and high utilisation of capacity. Price increases were said to have offset increased raw material costs.