Slide 1: CFO
2 CFO VM TRELLEBORG
Slide 2: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q2 2025 Q&A 2 TRELLEBORG GROUP
Slide 3: A solid quarter with record results
A solid quarter with record results Q1 2025 financial summary1 • Sales at SEK 8 866 M (8 234), an increase of 8 percent • Organic sales +1 percent, M&A +6 percent, currency +1 percent • EBITA at SEK 1 616 M (1 490), corresponding to a margin of 18.2 percent (18.1). Highest EBITA to date for a quarte
Slide 4: Organic sales development by geography
Organic sales development by geography Organic sales continuing operations • operations Total Jan - Mar 25 Jan - Mar 24 Europe 1% -3% Share of sales1 Jan - Mar 25 Jan - Mar 24 44% -5% 0% North- and South America Share of sales1 Jan - Mar 25 Jan - Mar 24 Asia and rest of the world 33% 3% -10% Share o
Slide 5: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q2 2025 Q&A 5 TRELLEBORG GROUP
Slide 6: Solid growth and higher earnings
Solid growth and higher earnings Trelleborg Industrial Solutions1 • Organic sales +2 percent; M&A +2 percent • Mixed development within diversified industrials: SEK M Q1 2025 Q1 2024 Change, % • Marine solutions, LNG projects and water Net sales 3 890 3 721 5 infrastructure showed strong growth Orga
Slide 7: Strong growth with high margins
Strong growth with high margins Trelleborg Medical Solutions1 • Organic sales +5 percent; M&A +38 percent • Organic sales of medical solutions improved in SEK M Q1 2025 Q1 2024 Change, % Europe, while weaker in North America and Asia Net sales 848 583 45 • Deliveries to the life science segment impr
Slide 8: Stable despite challenging markets
Stable despite challenging markets Trelleborg Sealing Solutions1 • Organic sales +/-0 percent; M&A +5 percent • Sales to diversified industry declined in Europe SEK M Q1 2025 Q1 2024 Change, % and North America, but improved in Asia Net sales 4 343 4 102 6 • Deliveries to the automotive industry wea
Slide 9: Sustainability KPIs – continuing operations
Sustainability KPIs – continuing operations Carbon dioxide emissions -8% tons, CO₂ 20 000 18 289 16 953 16 862 15 000 14 151 14 598 10 000 5 000 0 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 9 TRELLEBORG GROUP
Slide 10: Sustainability KPIs – continuing operations
Sustainability KPIs – continuing operations Share of renewable and fossil-free electricity +/- 0 p.p. Mwh 91% 91% 100 000 79 826 80 729 76 275 74 181 75 870 73 719 80 000 69 692 67 649 69 494 66 556 60 000 40 000 20 000 0 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Renewable and fossil-free electricity Total elec
Slide 11: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q2 2025 Q&A 11 TRELLEBORG GROUP
Slide 12: Solid sales improvement
Solid sales improvement Sales development continuing operations +8% 8 866 January – March 2025 (%) 8 234 Organic 1 Structural 6 Currency 1 Total 8 Q1 24 Q1 25 12 TRELLEBORG GROUP
Slide 13: Small organic sales growth in challenging markets
Small organic sales growth in challenging markets Target: 8% annual sales growth with constant currencies over a business cycle1 % 30% 23 20% 17 16 15 13 12 10% 8 7 3 3 4 0 0% -10% -5 22 22 22 22 23 23 23 23 24 24 24 24 25 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Of which organic growth, %: 13 11 15 1
Slide 14: Sales development
Sales development Continuing operations, R12M SEK M SEK M 9 000 35 000 8 000 30 000 7 000 25 000 6 000 5 000 20 000 4 000 15 000 3 000 10 000 2 000 5 000 1 000 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 21 21 21 21 22 22 22 22 23 23 23 23 24 24 24 24 25 Quarter (LHS) R12M (RHS) 14 TRELLE
Slide 15: EBITA and margin improved further
EBITA and margin improved further EBITA and margin development1 +0.1 p.p. +8% 1 490 1 616 18.1 18.2 EBITA Jan - Mar EBITA % Q1 24 Q1 25 Q1 24 Q1 25 1 Excluding items affecting comparability, continuing operations 15 TRELLEBORG GROUP
Slide 16: R12M EBITA – continued improvement
R12M EBITA – continued improvement EBITA and margin, R12M1 SEK M % 7 000 +5% 20 6 000 18 5 000 4 000 16 3 000 14 2 000 12 1 000 0 10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 21 21 21 21 22 22 22 22 23 23 23 23 24 24 24 24 25 EBITA % EBITA 1 Excl. items affecting comparability, continuing o
Slide 17: Profit & loss statement
Profit & loss statement SEK M Q1 2025 Q1 2024 Change, % Net sales 8 866 8 234 8 EBITA, excluding items affecting comparability 1 616 1 490 8 EBITA-margin, % 18.2 18.1 EBIT, excluding items affecting comparability 1 462 1 379 6 EBIT-margin, % 16.5 16.8 Items affecting comparability -61 -55 EBIT 1 401
Slide 18: Slight EPS growth in continuing operations
Slight EPS growth in continuing operations Earnings per share1 % % +1% 0% 6 6 4.23 4.28 Continuing Group, 4.06 4.08 4 4 Jan - Mar operations, Total 2 excl. items affecting 2 comparability 0 0 Q1 24 Q1 25 Q1 24 Q1 25 18 TRELLEBORG GROUP 1 No dilution effects
Slide 19: Strong cash flow generation
Strong cash flow generation Operating cash flow1 SEK M Q1 2025 Q1 2024 Change EBITDA 1 982 1 834 148 Working capital -688 -671 -17 148 Net capex -379 -356 -23 2 821 718 -17 -23 -7 Leasing -92 -85 -7 Other -2 -4 2 Operating cash flow 821 718 103 Q1 24 EBITDA Working Net Leasing Other Q1 25 capital ca
Slide 20: Cash conversion remains at a solid and high level
Cash conversion remains at a solid and high level Operating cash flow, R12M1 SEK M % 6 000 140 5 500 121 5 000 120 101 4 500 96 99 95 92 89 90 100 4 000 85 88 88 85 3 500 76 69 74 75 80 63 3 000 2 500 60 2 000 40 1 500 1 000 20 500 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 21 21 21 21 2
Slide 21: Strong balance sheet despite acquisitions and share buy-backs
Strong balance sheet despite acquisitions and share buy-backs Gearing and leverage, R12M, Group1 % 2.5 2.4 2.5 60 56 52 50 2.0 1.7 40 35 1.5 1.2 30 25 1.0 0.9 0.9 20 16 17 0.5 10 0 0.0 -10 -0.5 -0.2 -6 19 20 21 22 23 24 25 19 20 21 22 23 24 25 Q1 Q1 Net debt / Equity Net debt / EBITDA 1 From 2019 ge
Slide 22: ROCE impacted by acquisitions
ROCE impacted by acquisitions Return on capital employed, R12M, %1 17.5 16.5 15.7 16.1 15.9 14.9 15.1 14.9 15.0 13.9 13.9 13.0 12.9 12.7 12.7 12.5 12.0 12.3 12.0 11.8 10.0 7.5 5.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 21 21 21 21 22 22 22 22 23 23 23 23 24 24 24 24 25 1 Excluding items
Slide 23: Financial guidelines for full-year 2025
Financial guidelines for full-year 2025 Continuing operations SEK SEK SEK ~1.65 B ~300 M ~650 M ~25% Capex Restructuring Amortization of Underlying tax costs intangible rate assets 23 TRELLEBORG GROUP
Slide 24: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q2 2025 Q&A 24 TRELLEBORG GROUP
Slide 25: A solid quarter with record results
A solid quarter with record results Q1 2025 financial summary1 • Sales at SEK 8 866 M (8 234), an increase of 8 percent • Organic sales +1 percent, M&A +6 percent, currency +1 percent • EBITA at SEK 1 616 M (1 490), corresponding to a margin of 18.2 percent (18.1). Highest EBITA to date for a quarte
Slide 26: Outlook Q2 2025
Outlook Q2 2025 • Demand is expected to be on a par with the first quarter of 2025, adjusted for seasonal variations • Due to the geopolitical situation, the outlook is associated with unusually high uncertainty 1 Excluding items affecting comparability, continuing operations 26 TRELLEBORG GROUP
Slide 27: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q2 2025 Q&A 27 TRELLEBORG GROUP
Slide 28: Trelleborg Group
28 TRELLEBORG GROUP TRELLEBORG
Slide 29: www.trelleborg.com
VA TRELLEBORG www.trelleborg .com