Trelleborg Gives Insight Into Long-Term Strategy
Trelleborg Group held its Capital Markets Day in Stockholm, Sweden. It included presentations that provided deeper insight into the long-term strategic choices on which the Group has chosen to base its work, and on specific priorities that will represent focus areas for each of the business areas in the near future to achieve their growth and profitability targets. Peter Nilsson, President and CEO of Trelleborg Group, says: “Trelleborg’s multi-year restructuring work is continuing to yield results.
Trelleborg is Raising the Bar
Trelleborg held its Capital Markets Day on Thursday, 6 December in Berns Salonger, Stockholm, Sweden. At the event, Trelleborg took the opportunity to release new financial targets for the Group and to launch a more focused organizational structure. New financial targets are in line with Trelleborg’s ambitions to increase value creation and to be a world leader in selected market segments and geographic markets. They include organic growth of 5 percent or above as well as an operating margin before interest and tax of 12 percent or above of sales. Return on shareholders’ equity is set to be 15 percent or above. “Trelleborg's new financial targets shall be seen as realistic, reachable and in line with responsible risk taking.
Trelleborg AGM – 2011 Best Year Yet
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.
Trelleborg Builds Platform for Growth in India
Trelleborg is increasing its physical presence and customer support in the Indian market with the opening of multiple new facilities in 2011 and more in 2012. Establishing a platform for local presence and expansion across a wide variety of industries, Trelleborg now has several facilities in the region with its Trelleborg Engineered Systems, Trelleborg Automotive and Trelleborg Sealing Solutions business areas all having either a manufacturing facility or head office in the country.
