Trelleborg Ab Class B · OMXSTO:TREL_B
Trelleborg Ab Class B — Q3 2026 Earnings Presentation
38 slides from Trelleborg Ab Class B's earnings presentation, Oct 23, 2026
Slide 1: Protecting the Essential
Protecting the Essential INTERIM REPORT JULY–SEPTEMBER 2026
Slide 2: Third quarter 2026 – Strong growth and record-high margin
Third quarter 2026 – Strong growth and record-high margin • Net sales increased by 8 percent during the quarter to SEK 9,232 m (8,532), representing the Sales growth 1 highest quarterly net sales recorded to date. Of the increase, organic growth accounted for % 6 percentage points, while structural
Slide 3: Strong growth and record-high margin
Strong growth and record-high margin Our performance in the third quarter was in line with our expecta- remained favorable, while sales in Asia were lower year-on-year. tions and marked another record-breaking quarter for the Group The completion of the first commercial deliveries from the newly in
Slide 4: Market outlook for the fourth quarter of 2026
Market outlook for the fourth quarter of 2026 Demand is expected to be on a par with, or slightly higher than, the third quarter of 2026, adjusted for seasonal variations. Due to the geopolitical situation, the outlook is associated with continued uncertainty. Market outlook from the interim report
Slide 5: Net sales and result
Net sales and result THIRD QUARTER 2026 Financial income and expenses amounted to sek 14.72 (12.79). For the Group as a whole, Financial income and expenses amounted to sek -109 m (-126). earnings per share were sek 14.12 (12.05). Net sales The improvement was primarily attributable to positive exch
Slide 6: Net sales and result
Net sales and result sek m Q3 2026 Q3 2025 Change, % 9M 2026 9M 2025 Change, % Group Net sales 9,232 8,532 8 26,999 25,949 4 Change total, % 8 1 4 2 Organic sales, % 6 4 6 1 Structural change, % 1 3 1 6 Currency effects, % 1 −6 −3 −5 EBITA, excluding items affecting comparability 1,781 1,541 16 5,12
Slide 7: Return on capital employed and return on equity
Return on capital employed and return on equity % R12 2026 R12 2025 Return on capital employed Excluding items affecting comparability 13.0 12.0 Including items affecting comparability 12.3 11.4 Return on capital employed excluding goodwill Excluding items affecting comparability 26.2 24.3 Including
Slide 8: Cash flow and net debt
Cash flow and net debt Operating cash flow Operating cash flow for the quarter amounted to sek 1,845 m (1,741), up 6 percent. Cash flow was positively affected by the higher earnings generation. The cash conversion ratio for the most recent 12-month period was 95 percent (92). Free cash flow Free ca
Slide 9: Cash flow and net debt
Cash flow and net debt sek m Q3 2026 Q3 2025 Change, % 9M 2026 9M 2025 Change, % EBIT, excluding items affecting comparability 1,634 1,403 16 4,700 4,307 9 Depreciation/write-down, property, plant and equipment 356 345 3 1,037 1,020 2 Amortization/write-down, intangible assets 170 218 −22 493 560 −1
Slide 10: Sustainability
Sustainability Lower climate impact Social engagement Scope 1 and 2 CO2 emissions continued to decline and totaled Trelleborg actively participates in the local communities where the 7,884 metric tons (8,329). Group operates. The focus is on promoting education, physical The proportion of renewable
Slide 11: Trelleborg Industrial Solutions
BUSINESS AREA Trelleborg Industrial Solutions Trelleborg Industrial Solutions is a leading supplier of polymer-based critical solutions in selected industrial applications and infrastructure projects Organic sales increased 4 percent year-on-year, EBITA improved mainly as a result of higher Sales pe
Slide 12: Trelleborg Medical Solutions
BUSINESS AREA Trelleborg Medical Solutions Trelleborg Medical Solutions is a leading global supplier of polymer-based integrated solutions for medical technology and life science Organic sales declined by 1 percent year-on-year, EBITA and the EBITA margin decreased slightly Sales per geography 1 mai
Slide 13: Trelleborg Sealing Solutions
BUSINESS AREA Trelleborg Sealing Solutions Trelleborg Sealing Solutions is a leading global supplier of polymer-based critical sealing solutions and components deployed in aerospace, automotive and diversified industrials Organic sales increased 9 percent year-on-year, EBITA and the EBITA margin imp
Slide 14: Events during the quarter
Events during the quarter Trelleborg strengthens its position in Acquisition strengthens Trelleborg’s position the aerospace industry through acquisition in sealing profiles The Trelleborg Group, through its business area Trelleborg The Trelleborg Group, through its business area Trelleborg Sealing
Slide 15: Events after the end of the quarter
Events after the end of the quarter Trelleborg strengthens its position in the Nomination Committee of Trelleborg AB prior to Trelleborg acquires sealing profiles company in aerospace industry through the acquisition the 2027 Annual General Meeting Southern Europe of Tri-Mack According to a previous
Slide 16: Other news
Other news New sealing solution for more efficient tire pressure control Trelleborg strengthens its marine fuel transfer offering Trelleborg has launched Turcon®SG, a new range of specially engineered An expanded collaboration with Simwave, a company specializing in seals for central tire inflation
Slide 17: Risks and uncertainties
Risks and uncertainties Trelleborg serves a broad range of customers in a variety of industries and niches. The business has a wide geographic spread. The Group has operations in around 40 countries, sales are conducted globally and manufacturing operations are carried out at approximately 100 produ
Slide 18: Condensed Income Statements
Condensed Income Statements Income Statements, sek m Q3 2026 Q3 2025 9M 2026 9M 2025 R12 2026 12M 2025 Net sales 9,232 8,532 26,999 25,949 35,379 34,329 Cost of goods sold −5,621 −5,409 −16,613 −16,239 −21,787 −21,413 Gross profit 3,611 3,123 10,386 9,710 13,592 12,916 Selling expenses −659 −598 −1,
Slide 19: Condensed Income Statements
Condensed Income Statements Statements of comprehensive income, sek m Q3 2026 Q3 2025 9M 2026 9M 2025 R12 2026 12M 2025 Net profit 1,094 896 3,154 2,760 3,990 3,596 Other comprehensive income Items that will not be reclassified to the income statement Reassessment of net pension obligation 27 −2 44
Slide 20: Condensed Balance Sheets
Condensed Balance Sheets Balance Sheets, sek m Sep 30 2026 Sep 30 2025 Dec 31 2025 Property, plant and equipment 9,714 8,950 8,884 Right-of-use assets 1,678 1,592 1,572 Goodwill 25,208 23,507 23,026 Other intangible assets 6,115 6,153 5,880 Participations in associated companies 14 14 13 Financial n
Slide 21: Condensed Change in Equity
Condensed Change in Equity Attributable to shareholders of the Parent Company Non-controlling interests Total Share Capital Other capital contributions Other reserves Profit brought forward sek m Sep 30 2026 Dec 31 2025 Sep 30 2026 Dec 31 2025 Sep 30 2026 Dec 31 2025 Sep 30 2026 Dec 31 2025 Sep 30 2
Slide 22: Condensed Cash flow Statements
Condensed Cash flow Statements Cash flow statements, sek m Q3 2026 Q3 2025 9M 2026 9M 2025 R12 2026 12M 2025 Operating activities EBIT 1,567 1,331 4,524 4,094 5,747 5,317 Adjustments for items not included in cash flow from operating activities: Depreciation, property, plant and equipment 253 250 74
Slide 23: Notes
Notes General accounting policies IFRS 18 Presentation and Disclosure in Financial Statements This report has been prepared in accordance with IAS 34 Interim Financial Reporting and the IFRS 18 takes effect on January 1, 2027, replacing IAS 1 Presentation of Financial Statements. The applicable rule
Slide 24: Notes
Notes Shares Number of shares Q3 2026 Q3 2025 9M 2026 9M 2025 R12 2026 12M 2025 End of period 224,901,029 231,328,373 224,901,029 231,328,373 224,901,029 231,328,373 of which, in treasury 3,235,765 4,582,894 3,235,765 4,582,894 3,235,765 5,919,118 Average number 222,062,576 227,236,832 223,308,768 2
Slide 25: Notes
Notes Net sales and EBITA by operating segment Q3 2026 Net sales Of which profit/loss Of which items affect- in associated sek m External Internal Total EBITA ing comparability companies Trelleborg Industrial Solutions 3,788 125 3,913 530 −44 - Trelleborg Medical Solutions 881 20 901 165 −6 - Trelle
Slide 26: Notes
Notes Bridge net sales Q3 2025 Q3 2026 sek m Organic sales, % Structural change, % Currency effects, % sek m Trelleborg Industrial Solutions 3,647 4 2 1 3,913 Trelleborg Medical Solutions 880 −1 - 4 901 Trelleborg Sealing Solutions 4,232 9 1 1 4,686 Eliminations −227 −268 Total 8,532 6 1 1 9,232 Exc
Slide 27: Notes
Notes Acquisitions 2026 Acquisitions, sek m 9M 2026 9M 2025 Customer relationships1 174 267 On January 7, 2026, through its Trelleborg Sealing Solutions business area, Trelleborg finalized the Other intangible assets 2 9 acquisition of the Austrian company Nexus Elastomer Molds GmbH. The company pro
Slide 28: Notes
Notes Acquisitions 2025 On January 9, 2025, through its Trelleborg Sealing Solutions business area, Trelleborg finalized the acquisition of the US company CRC Distribution. The company is a specialist distributor in polymer sealing solutions and related value-added services in hydraulics, hydropower
Slide 29: Notes
Notes Financial instruments – classification and valuation A description of each category and how fair value is calculated is provided below and in Accounting policies in the latest Annual Report. At Sep 30, 2026, sek m Assets measured at Assets at fair value Derivatives used for hedging purposes, a
Slide 30: Notes
Notes Financial instruments – classification and valuation At Sep 30, 2025, sek m Assets measured at Assets at fair value Derivatives used for hedging purposes, amortized cost in profit and loss measured at fair value Carrying amount Measurement level Carrying amount Measurement level Total Assets i
Slide 31: Key figures
Key figures Trelleborg employs a number of alternative performance measures related to financial position, inclu- generate to be able to implement strategic investments, make amortizations and pay returns to the ding return on equity and capital employed, net debt, debt/equity ratio and equity/asset
Slide 32: Key figures
Key figures sek m Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Net sales Trelleborg Industrial Solutions 3,913 4,053 3,735 3,691 3,647 3,924 3,890 3,980 3,661 Trelleborg Medical Solutions 901 856 800 840 880 832 848 903 852 Trelleborg Sealing Solutions 4,686 4,440 4,252 4,
Slide 33: Key figures
Key figures Group Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Net sales, sek m 9,232 9,161 8,606 8,380 8,532 8,551 8,866 8,783 8,442 Organic sales, % 6 8 4 1 4 −1 1 1 1 EBITDA, excl. items affecting comparability, sek m 2,160 2,126 1,944 1,921 1,966 1,939 1,982 1,944 1,82
Slide 34: Other financial information
Other financial information Income Statements by quarter, sek m Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Net sales 9,232 9,161 8,606 8,380 8,532 8,551 8,866 8,783 8,442 Cost of goods sold −5,621 −5,637 −5,355 −5,174 −5,409 −5,354 −5,476 −5,640 −5,386 Gross profit 3,611
Slide 35: Parent Company
Parent Company Condensed Income Statements, sek m Q3 2026 Q3 2025 9M 2026 9M 2025 R12 2026 12M 2025 Net sales 172 148 479 446 726 693 Administrative expenses −75 −64 −238 −211 −442 −415 Other operating income 0 0 2 6 5 9 Other operating expenses −38 −31 −108 −93 −462 −447 EBIT 59 53 135 148 −173 −16
Slide 36: About Trelleborg
About Trelleborg The Trelleborg Group is a world leader in engineered polymer solutions. The Group had sales of The fast-growing industries will act as a driving force for other areas at Trelleborg, which through inno- approximately SEK 34 billion in 2025 and operations in some 40 countries. vations
Slide 37: Review report
Review report THIS IS A TRANSLATION FROM THE SWEDISH ORIGINAL Trelleborg AB, corporate identity number 556006-3421 Introduction We have reviewed the condensed interim report for Trelleborg AB as at September 30, 2026 and for the nine months period then ended. The Board of Directors and the Managing
Slide 38: Presentation of the report, Financial calendar, For further information
Presentation of the report This report contains forward-looking statements that are based on the current A combined webcast and telephone conference will be held on October 23, 2026 at 9:00 a.m. CEST. expectations of the management of Trelleborg. Although management believes To follow the presentati