Trelleborg AB (publ) (TREL_B) Q3 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Trelleborg Q3 2023 report presentation. For the first part of the presentation, participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing star 5 on their telephone keypad. Now I will hand the conference over to CEO Peter Nilsson and CFO Frederick Nilsson. Please go ahead. Thank you. Peter speaking, welcoming you to this interim report for Q3 2023 for Fortalaborg. I'm going to start off with some overall comments and also commenting on the business areas and then Fredrik will guide us through the financials before we sum up with the summary of our presentation and then opening it up for a Q&A session. in a way as usual when we are presenting our quarterly reports. So moving over to the slides with a trust you can see on the screen if you have not have them already downloaded from our web page. Turning then to page two agenda, starting with the highlights, then as I said before, go through the business areas, commenting on the financials, make a summary, and then go to the outlook for Q4 with some comments on that. and then opening up for the Q&A. So turning then to the next page, page three, heading for the report, continued strong earnings growth. As you can see, we are growing our sales by 12%, supported by currency, but also supporting by some structural growth, some acquisitions. while organic sales is flattish or slightly in the negative territory, while then, as I said before, M&A adding some shy of 10% and currency some shy of 5%, which in total then sums up at 12% sales growth. And a similar growth in EBITDA, it grew by 11%, which means that the margin ends up at 17.6%, which is kind of an inch down a nod down compared to a year ago. So basically we were able in the core...