HP Agri Tyre Sales Soften Impact of Downturn for Trelleborg
Despite a substantial slowdown in the agricultural sector, Trelleborg has reported a ‘positive trend’ for high-performance agricultural tyres during the first quarter of this financial year. This area of strength contrasted with sales of industrial tyres, which declined sharply during the quarter. Overall, Trelleborg Wheel Systems experienced a 1.25 per cent decline in organic sales during the period and a one per cent drop in total sales after taking exchange-rate effects into account – down to SEK 950 million (£76.6 million).