Trelleborg Ab Class B · OMXSTO:TREL_B
Trelleborg Ab Class B — Q3 2026 Earnings Presentation
29 slides from Trelleborg Ab Class B's earnings presentation, October 2026
Slide 1: July - September 2026
uly - September 2026 = Peter Nilsson, President & CEO —— —_ “ Fredrik Nilsson, CFO_~ = VU TRELLEBORG
Slide 2: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2026 Q&A 2 TRELLEBORG GROUP
Slide 3: Strong growth and record-high margin
Strong growth and record-high margin Q3 2026 financial summary1 • Sales at SEK 9 232 M (8 532), an increase of 8 percent – highest to date for a single quarter • Organic sales +6 percent, M&A +1 percent, currency +1 percent • EBITA, excluding items affecting comparability, at SEK 1 781 M (1 541), co
Slide 4: Net sales and organic sales by geography
Net sales and organic sales by geography Region Share of global Net sales, Organic Net sales, Organic net sales1 SEK M growth,% SEK M growth,% Jul – Sep 26 Jul – Sep 26 Jul – Sep 25 Jul – Sep 25 Europe 43% 3 916 +7% 3 557 +1% Americas 33% 3 007 +4% 2 850 +5% Asia & 24% 2 309 +5% 2 125 +9% RoW Total
Slide 5: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2026 Q&A 5 TRELLEBORG GROUP
Slide 6: Solid organic growth
Solid organic growth Trelleborg Industrial Solutions1 • Organic sales +4 percent; M&A +2 percent • Infrastructure and marine projects showed SEK M Q3 2026 Q3 2025 Change, % positive momentum Net sales 3 913 3 647 +7 • Construction demand still weak Organic, % +4 +2 • Automotive and rail down slightl
Slide 7: Slight decline due to tough comparables
Slight decline due to tough comparables Trelleborg Medical Solutions1 • Organic sales -1 percent • Healthy demand in North America and SEK M Q3 2026 Q3 2025 Change, % Europe; weaker market in Asia Net sales 901 880 +2 • EBITA and margin declined, mainly due to sales mix and elevated comparison numbe
Slide 8: Strong sales and profit growth
Strong sales and profit growth Trelleborg Sealing Solutions1 • Organic sales +9 percent; M&A +1 percent • Healthy growth in industrials, driven by SEK M Q3 2026 Q3 2025 Change, % strong semiconductor demand in Asia Net sales 4 686 4 232 +11 • Automotive sales increased, supported by Asia and North A
Slide 9: Sustainability KPIs – Group
Sustainability KPIs – Group Carbon dioxide emissions Scope 1 & 2 -5 % ktons, CO₂ 16.0 15.5 14.0 12.2 12.0 9.9 10.0 8.3 7.9 8.0 6.0 4.0 2.0 0.0 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 9 TRELLEBORG GROUP
Slide 10: Sustainability KPIs – Group
Sustainability KPIs – Group Share of renewable and fossil-free electricity +/-0 pp GWh 97% 97% 100.0 83.7 85.8 86.9 89.7 81.6 84.4 80.0 77.2 79.6 76.8 78.7 60.0 40.0 20.0 0.0 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Renewable and fossil-free electricity Total electricity Renewable and fossil-free electricity /
Slide 11: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2026 Q&A 11 TRELLEBORG GROUP
Slide 12: Robust sales growth
Robust sales growth Group sales development +8% July – September (%) 8 532 9 232 Organic 6 Structural 1 Currency 1 Total 8 Q3 25 Q3 26 January – September (%) +4% Organic 6 25 949 26 999 Structural 1 Currency -3 Total 4 9M 25 9M 26 12 TRELLEBORG GROUP
Slide 13: Target: 8% annual sales growth with constant currencies over a business cycle
Target: 8% annual sales growth with constant currencies over a business cycle1 % 10% 9 8 7 7 7 6 5 4 4 3 3 0 0% -5 -10% 23 23 24 24 24 24 25 25 25 25 26 26 26 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Of which organic growth, %: -1 0 -3 1 1 1 1 -1 4 1 4 8 6 1 Structural growth + organic growth, excludi
Slide 14: Sales development
Sales development Group, R12M SEK M SEK M 10 000 40 000 9 000 35 000 8 000 30 000 7 000 6 000 25 000 5 000 20 000 4 000 15 000 3 000 10 000 2 000 1 000 5 000 0 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 23 23 24 24 24 24 25 25 25 25 26 26 26 Quarter (LHS) R12M (RHS) 14 TRELLEBORG GROUP
Slide 15: Highest quarterly EBITA and margin to date
Highest quarterly EBITA and margin to date EBITA and margin development1 +16% +1.2 pp 1 781 18.1 19.3 1 541 EBITA Jul - Sep EBITA % Q3 25 Q3 26 Q3 25 Q3 26 +8% +0.7 pp 4 744 5 128 18.3 19.0 EBITA Jan - Sep EBITA % 9M 25 9M 26 9M 25 9M 26 1 Excluding items affecting comparability 15 TRELLEBORG GROUP
Slide 16: R12M EBITA
R12M EBITA EBITA and margin, R12M1 SEK M % +5% 7 000 20 6 000 18 5 000 4 000 16 3 000 14 2 000 12 1 000 0 10 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 23 23 24 24 24 24 25 25 25 25 26 26 26 EBITA EBITA % 1 Excluding items affecting comparability 16 TRELLEBORG GROUP
Slide 17: Profit & loss statement
Profit & loss statement SEK M Q3 2026 Q3 2025 Change, % 9M 2026 9M 2025 Change, % Net sales 9 232 8 532 8 26 999 25 949 4 EBITA, excluding items affecting comparability 1 781 1 541 16 5 128 4 744 8 EBITA-margin, % 19.3 18.1 19.0 18.3 EBIT, excluding items affecting comparability 1 634 1 403 16 4 700
Slide 18: Strong EPS growth
Strong EPS growth Earnings per share1 % +23% % +25% 6 5.15 6 4.92 4.20 3.94 4 Group 4 Jul - Sep Group 2 2 excl. items affecting comparability 0 0 Q3 25 Q3 26 Q3 25 Q3 26 +17% +15% % % 14.12 14.72 15 15 12.79 12.05 10 10 Group Group Jan - Sep excl. items affecting 5 5 comparability 0 0 9M 25 9M 26 9M
Slide 19: Solid cash flow improvement
Solid cash flow improvement Operating cash flow1 194 26 28 1 845 1 741 -137 -7 SEK M Q3 2026 Q3 2025 Change EBITDA 2 160 1 966 194 Working capital 106 243 -137 Net capex -356 -382 26 Leasing -97 -90 -7 Other 32 4 28 Operating cash flow 1 845 1 741 104 Q3 25 EBITDA Working Net Leasing Other Q3 26 cap
Slide 20: Cash conversion remains at a strong level
Cash conversion remains at a strong level Operating cash flow, R12M1 SEK M % 6 000 140 5 500 5 000 120 4 500 100 4 000 99 95 93 95 96 95 3 500 92 89 90 92 80 88 85 87 3 000 2 500 60 2 000 40 1 500 1 000 20 500 0 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 23 23 24 24 24 24 25 25 25 25 26 26 26 Operatin
Slide 21: Balance sheet remains robust
Balance sheet remains robust Gearing and leverage, R12M % X 30 27 1.5 1.3 24 1.2 21 1.1 20 1.0 20 1.0 0.9 16 10 0.5 0 0.0 -0.2 -6 -10 -0.5 23 24 25 26 26 26 23 24 25 26 26 26 Q1 Q2 Q3 Q1 Q2 Q3 Net debt / Equity Net debt / EBITDA 21 TRELLEBORG GROUP
Slide 22: ROCE continues to improve
ROCE continues to improve Return on capital employed, R12M, %1 15.0 13.0 12.9 12.7 13.0 13.0 12.5 12.3 12.6 12.5 12.2 12.0 12.0 12.1 11.7 10.0 7.5 5.0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 23 23 24 24 24 24 25 25 25 25 26 26 26 1 Excluding items affecting comparability 22 TRELLEBORG GROUP
Slide 23: Financial guidelines for full-year 2026
Financial guidelines for full-year 2026 SEK SEK SEK 1 ~1.45 B ~550 M ~650 M ~25% Capex Restructuring Amortization of Underlying costs intangible assets tax rate 1 Guidance for restructuring costs in 2026 has been increased from SEK 375 M to SEK 550 M due to faster execution of projects originally pl
Slide 24: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2026 Q&A 24 TRELLEBORG GROUP
Slide 25: Strong growth and record-high margin
Strong growth and record-high margin Q3 2026 financial summary 01 02 03 04 Improved Improved Improved Continued demand earnings cash flow share buy-backs Sales EBITA and margin Strong cash flow Buy-back program - highest to date for - highest to date for generation and cash continues at a rate of a
Slide 26: Outlook Q4 2026
Outlook Q4 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. 26 TRELLEBORG GROUP
Slide 27: Agenda
Agenda • Highlights Highlights Business areas Financials Summary & Outlook Q4 2026 Q&A 27 TRELLEBORG GROUP
Slide 28: Trelleborg Group
28 TRELLEBORG GROUP VU TRELLEBORG
Slide 29: www.trelleborg.com
VA TRELLEBORG www.trelleborg.com