- Trelleborg AB press release (OTCPK:TBABF): Q2 GAAP EPS of SEK4.71.
- Revenue of SEK8.69B (+18.2% Y/Y).
- EBITA, excluding items affecting comparability, increased 14 percent to SEK 1,563 M (1,376). Earnings were the best to date for a quarter. The EBITA margin was 17.9 percent (18.7).
- Operating cash flow amounted to SEK 1,585 M (798), an increase of 99 percent. The cash conversion ratio for the most recent 12-month period amounted to 88 percent (69).
- Items affecting comparability for the quarter totaled SEK -194 M (-33) and pertained to restructuring costs.
- EBITA, including items affecting comparability, amounted to SEK 1,368 M (1,343) for the quarter.
- The Group’s tire and printing blanket operations were divested to Yokohama Rubber and Continental, respectively, on May 2, 2023.
- The total capital gain amounts to SEK 6,189 M before tax and SEK 6,052 M after tax and is recognized under discontinuing operations in the income statement.
- As a result of the divestments, the Group reported a net cash position of SEK 1,881 M (-10,959) at the end of the quarter.