Annual report 2011 - Trelleborg

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+2% Western Europe Synergies Market and applications expertise Selected segments in percentage* Polymer technology Global presence Purchasing Manufacturing processes Trelleborg’s strategic initiatives Improve structure and geographic balance Excellence in all aspects Continued portfolio management for growth and improved positions Innovative and long-term customer solutions +66% Rest of Europe Business areas Business units Product areas seal damp protect +116% Asia and other markets Capital–intensive industry 37% Offshore oil & gas 8% Transportation equipment 11% Agriculture 9% Infrastructure construction 6% Aerospace 3% General industry 29% Light vehicles 34% * share of sales in 2011. This makes us different Leading positions in selected segments – achieved through: Unique applications expertise Global presence – local knowledge Focus on solving customer needs Intrapreneurship Development of the best talents TRELLEBORG IN BRIEF GRI: 2.3, 2.4, 2.5, 2.6, 2.7, 2.8 Annual Report 2011 Trelleborg AB
sek 29,106 m Demand was significantly better than forecast at the beginning of 2011. Net sales amounted to sek 29,106 m (27,196). m sek 2,431 The many steps toward continuous improvement generated higher profit as volumes rose. Operating profit increased to sek 2,431 m (2,036). Focus Trelleborg continued to focus on global presence and high-technology solutions in selected segments. GRI: 2.8, 2.9 TRELLEBORG 2011 IN BRIEF demand, a stronger offering and a more efficient structure yielded a higher operating margin. The operating margin, including items affecting compa- 8.3%Higher rability, was 8.3 percent (7.4). An improved operating margin and enhanced 13.4% efficiency in capital utilization resulted in a higher return on shareholders’ equity, which amounted to 13.4 percent (11.9). Dividend sek 2.50 The Board of Directors and the President propose a dividend for 2011 of sek 2.50 per share. The EBITDA margin target was achieved and amounted to 12.1 percent (12.1). 12.1% As a result of the increased demand in the majority of the Group’s segments, organic growth rose by 11 percent (17). 11% Agreement The agreement with Freudenberg to form a joint venture in antivibration solutions was signed in 2011. Annual Report 2011 Trelleborg AB 1
Page 1 and 2: ANNUAL REPORT WE SEAL, DAMP AND PRO
Page 3: TRELLEBORG IN BRIEF GLOBAL LEADER I
Page 7 and 8: Trelleborg will be able to allocate
Page 9 and 10: FURTHER DEVELOPMENT OF ANTIVIBRATIO
Page 11 and 12: Continuing operations Net sales and
Page 13 and 14: KEY FIGURES Market position, no. 1-
Page 15 and 16: KEY FIGURES 2011 2010 Net sales, se
Page 17 and 18: KEY FIGURES Net sales and ROS* 2011
Page 19 and 20: KEY FIGURES 2011 2010 Net sales, se
Page 21 and 22: About the material’s properties N
Page 23 and 24: WE ARE GROWING IN PACE WITH GLOBALI
Page 25 and 26: INCREASED GLOBAL PRESENCE +11% Nort
Page 27 and 28: OUR FINANCIAL TARGETS Trelleborg sh
Page 29 and 30: EXCELLENCE - CONTINUOUS IMPROVEMENT
Page 31 and 32: Turcon® M12 is the name of a new p
Page 33 and 34: Moreover, because selected parts of
Page 35 and 36: The elevated risk level has been de
Page 37 and 38: Financial risks, cont. Maturity ter
Page 39 and 40: CORPORATE GOVERNANCE Trelleborg is
Page 41 and 42: Independence of the Board The Board
Page 43 and 44: Name Nina Udnes Tronstad Heléne Vi
Page 45 and 46: Name Maurizio Vischi Sören Anderss
Page 47 and 48: President and Group Management The
Page 49 and 50: Control staff function works in acc
Page 51 and 52: As part of the infrastructure proje
Page 53 and 54: TARGET INDICATORS OUTCOME AND PROGR
Page 55 and 56:
GOVERNANCE AND CODE OF CONDUCT Gove
Page 57 and 58:
ACTIVE STAKEHOLDER DIALOG Trellebor
Page 59 and 60:
in the voluntary reporting process
Page 61 and 62:
workplaces globally. Trelleborg’s
Page 63 and 64:
RESPONSIBILITY FOR SOCIETY AND THE
Page 65 and 66:
ASSURANCE REPORT Auditor’s Report
Page 67 and 68:
Our finances ......................
Page 69 and 70:
CONSOLIDATED INCOME STATEMENTS sek
Page 71 and 72:
Operating profit In addition to dis
Page 73 and 74:
Income statement per quarter Contin
Page 75 and 76:
CONSOLIDATED BALANCE SHEETS Decembe
Page 77 and 78:
COMMENTS ON THE CONSOLIDATED CASH-F
Page 79 and 80:
Note 1 General information The Pare
Page 81 and 82:
Dividend income Dividend income is
Page 83 and 84:
loss. If the loan, and consequently
Page 85 and 86:
Assets and liabilities by business
Page 87 and 88:
Note 4 Auditor’s remuneration sek
Page 89 and 90:
Note 15 Intangible assets Buildings
Page 91 and 92:
Note 18 Deferred tax assets/tax lia
Page 93 and 94:
Note 26 Equity Specification of oth
Page 95 and 96:
At December 31, 2010 Assets at fair
Page 97 and 98:
Note 36 Events after the closing da
Page 99 and 100:
PARENT COMPANY, TRELLEBORG AB Chang
Page 101 and 102:
Note 45 Property, plant and equipme
Page 103 and 104:
Proposed treatment of unappropriate
Page 105 and 106:
TEN-YEAR OVERVIEW Trelleborg Group
Page 107 and 108:
Swedish and foreign ownership, base
Page 109 and 110:
Spain Production: Burgos, Cascante,
Page 111 and 112:
FINANCIAL DEFINITIONS AND GLOSSARY
Page 113 and 114:
ADRESSES Head offices Trelleborg AB
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Annual report 2011 - Trelleborg

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