Trelleborg AB (publ) (TREL_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you and welcome to all of you for listening in to this presentation of the first three months of 2026 for Trelleborg. As usual, I, Peter Nilsson, will start and then I will also supplemented by Fredrik Nilsson, our CFO and also on the call here is also Kristoffer Sjögren, our head of IR. And as usual, you're going to use the slide deck, which has been on our webpage for some time, and use that to guide us through the call. And then we move to page one on that one, and quickly moving to page number two, which is the agenda slide, as usual, starting with some highlights, general highlights for the group, and then also comment individually on our three business areas. Then Fredrik will guide us through the financials, and I will then be joining you again for a summary and some comments on the outlook for the running quarter, and then finishing off with a Q&A at the end of the call. Turning to page three, good start of the year, solid start in multiple aspects. Sales ended up at the slight north of 8.6 billion Swedish, a decrease in Swedish krona by 3%, but behind that is a fairly solid organic sales growth of 4%, M&A is also adding another 2% and then as most companies or every company reporting in Swedish Kronos we have a fairly strong headwind from the currency bringing down the sales in Swedish Kronos by 9%. EBITDA is slightly shy of 1.6 which is slightly down compared to a year ago but fully then explained by also this Currency effects ending up at the margin 80.4, which is slightly higher than last year. And also the highest to date, highest margin to date for us for a first quarter. I wanted to comment on current resolution, fairly solid, bringing down it by 132 compared to the currency rates a year ago. Earnings per share is then up by 5%. Are we benefiting...