Trelleborg AB (STU:TLLB)
€ 36.28 -0.04 (-0.11%) Market Cap: 8.64 Bil Enterprise Value: 8.54 Bil PE Ratio: 10.87 PB Ratio: 2.35 GF Score: 78/100
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Trelleborg AB To Divest Its Business Area Trelleborg Wheel Systems Call Transcript

Mar 25, 2022 / 08:30AM GMT
Release Date Price: €16.67 (-0.63%)
Peter Nilsson;publ;President
Trelleborg AB;CEO & Director

()- -

Thank you, and welcome to all of you, and thanks for showing interest in this call following our announcement this morning that we have signed an agreement to divest our business area the Wheel Systems to Yokohama. Using the presentation, which is on our web page as a guidance throughout the call, and I will start off with some general comments, Peter here. And then follow -- Fredrik will support me with some on the figure slides and then summing up with the Q&A session.

Turning then to the presentation. First page, New Horizons for Trelleborg. This was the heading for our Capital Market Day beginning of December. And now we're announcing a further kind of revision of the horizon while we're divesting the business area, Trelleborg Wheel Systems.

Turning to Page 2. Well, we feel accelerating our journey. That is definitely we feel it. I mean this is a move towards becoming an even more specialized company. And although we are very happy with the development of Wheel Systems in

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