Demand for Industrial Tyres Lifts Trelleborg Wheel System sales
Although its year-on-year sales share of the group total slipped from 11.1 per cent in the second quarter of 2009 to 10.7 per cent in quarter two of this year, sales at Trelleborg Wheel Systems grew two per cent year-on-year during the three month period. Sales for the division came to SEK 795 million (£70.7 million), a figure that represents eight per cent organic growth counterbalanced by negative six per cent exchange rate effects. EBITA margin in the three months between April and June 2010 was 10.3 per cent, down from 13.8 per cent a year earlier. The Swedish company states that markets outside North America and Europe recorded positive performance for volume and earnings.