A reduction in demand for the agricultural, industrial and construction machinery tires it manufactures resulted in a dip in organic sales and a sharp decline in profitability at Trelleborg group’s Wheel Systems business unit last year.
Paolo Pompei, president of the unit, says ongoing trade conflicts contributed to greater market uncertainty, resulting in lower order intake.
“The organic sales trends for tires for agricultural machinery, material handling vehicles and construction machinery were all negative, driven…
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