Trelleborg AGM – 2011 Best Year Yet

Press Release
Tuesday, April 24, 2012

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.

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

SBM Offshore Completes Real Estate Divestment

SBM Offshore is pleased to announce that is has completed the sale and lease back of its Monaco real estate portfolio.  The last of the three buildings was sold

Keppel T & T Appoints Lim Chin Leong to its Board

Keppel Telecommunications & Transportation Ltd (Keppel T&T) has strengthened its Board with the appointment of Mr Lim Chin Leong as an independent, non-executive

Odfjell Drilling in Tighter 2Q North Sea Market

Odfjell Drilling reports second quarter 2014 financial results showing a profit of US$29-million. Profit & loss Q2 2014 Operating revenue for Q2 2014 was USD 272 million (USD 289 million),

Coatings & Corrosion

Ecospeed Fuel and Cost Saving Solutions at SMM

Ecospeed announced it will exhibit its line of fuel and cost saving solutions at SMM in Hamburg. Ecospeed and fuel savings Routine in-water cleaning results

Report: Ports Lack Maintenance Support

The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide.

Marine Equipment

Royal IHC Starts Building EasydredgeTM 2700

Royal IHC (IHC) is constructing the first vessel in its range of competitively priced standard trailing suction hopper dredgers (TSHD). It has started to build

General Dynamics Delivers North Dakota (SSN-784) to U.S. Navy

General Dynamics Electric Boat yestereday delivered the nuclear-powered attack submarine North Dakota (SSN-784) on time and more than $30 million below target cost.

Daihatsu Joins ClassNK Research Project

Classification society ClassNK announced that it will embark on a joint research project together with Daihatsu Diesel Mfg. Co., Ltd. Through the partnership, ClassNK

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0809 sec (12 req/sec)