Earnings Alerts

Trelleborg AB (TRELB) Earnings: 3Q Adj. Ebita Misses Estimates; 4Q Demand Faces Downturn

By October 24, 2024 No Comments
  • Adjusted EBITA for Trelleborg in the third quarter stood at SEK 1.46 billion, falling short of the estimated SEK 1.49 billion.
  • Net sales amounted to SEK 8.44 billion, slightly below the expected SEK 8.53 billion.
  • Organic revenue growth was 1%, compared to an estimate of 1.87%.
  • Reported EBITA totaled SEK 1.39 billion.
  • The company anticipates slightly lower demand in the fourth quarter, adjusted for seasonal variations.
  • Geopolitical issues are increasing uncertainty in the market.
  • External factors continue to contribute significantly to market unpredictability moving forward.
  • Despite uncertainties, the company remains confident in its capability to manage market fluctuations.
  • Overall, net sales were comparable to the previous year.
  • The macroeconomic environment weakened towards the end of the quarter, particularly affecting industrial segments such as construction and agricultural machinery.
  • There are currently 2 buy recommendations, 9 hold recommendations, and no sell recommendations for Trelleborg.

A look at Trelleborg AB Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using Smartkarma Smart Scores have given Trelleborg AB an overall positive outlook based on various factors. With consistent scores across Value, Dividend, Growth, and Momentum at 3, and a slightly higher score of 4 for Resilience, Trelleborg AB seems to be positioned well for the long term.

Trelleborg AB is primarily engaged in manufacturing and distributing industrial products globally. The company specializes in producing noise suppression, anti-vibration systems for automobiles, complete wheel systems for forestry and agricultural machinery, industrial fluid systems, and polymer and bitumen-based building products. This diversified product offering indicates stability and potential for growth in the future, aligning with the balanced scores provided by Smartkarma Smart Scores.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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