Trelleborg interim report Q2 2014
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
Trelleborg has recorded a 2% rise in net sales for Q2 2014, although organic sales declined by 1%.
The company’s operating profit rose 11%, excluding the participation in TrelleborgVibracoustic and items affecting comparability. This was equivalent to an operating margin of 14%, which is the group’s highest ever for a single quarter.
Operating profit in the quarter for TrelleborgVibracoustic, excluding items affecting comparability, rose 26%. This corresponded to an operating margin of 8.9 %, the highest to date for the company for a single quarter.
Looking to Q3 2014, Trelleborg expects demand to be on a par with Q2 2014, adjusted for seasonal variations.
Adapted frrom press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/22072014/trelleborg-interim-report-q2-2014-1040/
You might also like
Air Products announces LNG process technology performance test for Coral South FLNG
Air Products has announced its dual mixed refrigerant LNG Process technology and equipment, which has been deployed at the Coral South floating LNG plant in Mozambique, has successfully passed its performance test, achieving LNG production above 3.4 million tpy.