Trelleborg Net Sales Up 9% for FY18

The agricultural and industrial tire business unit of Sweden’s Trelleborg Group increased sales and profitability last year as it continued to integrate CGS business and its Mitas agricultural products acquired mid-way through 2016.

In the group’s annual report, Paolo Pompei, president of Trelleborg Wheel Systems (TWS), says the company recorded a 2% increase in organic sales compared to 2017 and a sharp rise in operating profit and margin as synergies from acquisitions completed earlier helped…

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