Trelleborg, manufacturers of products to seal and protect industrial structures in harsh environments report good performance at AGM
Approximately 700 shareholders attended Trelleborg’s recent Annual General Meeting in Trelleborg . The theme of CEO Peter Nilsson’s address was “A continuously evolving Trelleborg”.
“2011 was the best year so far for Trelleborg. We achieved our financial goals and strengthened our finances. We continued our determined efforts to achieve sustainable profitable growth by gradually strengthening and developing the Group.
“Our ambitious activities to develop the Group have yielded results. We have an improved global presence with a growing share of sales in such emerging markets as China, India and Brazil. We have established and expanded our presence for production and development as well as sales and services in prioritized markets to come closer to our customers. In parallel with these efforts, we strengthened Trelleborg’s brand and our brand portfolio, thus providing a competitive advantage in challenging global business environments. We expanded our presence in attractive segments primarily through organics means. However, to increase the pace of growth, we also completed a number of complementary acquisitions.
“Our priority is to continuously improve our performance in various processes, such as production, purchasing and capital management. We continue to focus on growth in selected segments and markets. At the same time, we are further intensifying our efforts in our interaction with customers using, for example, the support of digital technologies, with the aim of improving and simplifying their everyday operations and strengthening their businesses.”
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group had annual sales 2011 of just over SEK 29 billion, with about 21,000 employees in over 40 countries.