Trelleborg AB (publ) (TRELB) Earnings Call Transcripts

Trelleborg AB (publ)'s Latest Earnings Call - March 27, 2026

In the Q1 2026 earnings call for Trelleborg AB, management reiterated their guidance for organic sales growth to be similar to Q4 2025, with expectations of a negative 3% growth in Industrial Solutions due to project delivery pushbacks. The Medical Solutions segment is expected to maintain a solid growth rate of around 5%, while Sealing Solutions is also anticipated to show similar growth to the previous quarter. Overall, the company is navigating challenges from project delays but remains optimistic about underlying demand trends.

Reported metrics

Guidance from management

Management maintained their guidance for Q1 2026, expecting organic sales growth to be similar to Q4 2025, with a negative 3% growth in Industrial Solutions and around 5% growth in Medical Solutions and Sealing Solutions.

What management said

Look, I mean, the comp is not always related to the project sales, of course, it's the full business area. So I couldn't really say anything about that at this point. But if you read between the lines, I said, we had a negative 3% in Q4. And I expect similar, but I also alluded to the fact it could be slightly better. It's still negative, but we're talking about small numbers here from that for that point of view.

No. We expect similar. So I could say, actually, just to summarize again that we -- from Industrial Solutions, we expect similar growth, i.e., negative, but perhaps slightly better, but I still don't know because deliveries of projects. It was negative 3%, we expect similar, could be slightly better. In Medical, we had 5% in Q4 organic and we expect the same in Q1. In Sealing Solutions, we grew organically by 5%, and...

What analysts pressed on

Analysts expressed concerns regarding the impact of project delivery pushbacks on overall sales and margins. There were also inquiries about potential cost increases due to geopolitical tensions affecting raw material prices and energy costs.

Main topics on the call

• Organic Sales Guidance — Management expects organic sales growth in Q1 2026 to be 'similar to what we saw in Q4', indicating a continuation of trends rather than significant improvement. They specifically noted a negative 3% growth in Industrial...
• Project Delivery Pushbacks — The Industrial Solutions segment is facing challenges with project delivery pushbacks, which have dampened sales. Management stated, 'the decline is then coming from project sales within gas in commercial construction or...
• Medical Solutions Growth — Medical Solutions is expected to maintain a growth rate of around 5%, similar to Q4 2025. Management highlighted that 'the underlying growth... should be around 5% plus' and emphasized ambitions to keep margins above 20%...
• Sealing Solutions Performance — Sealing Solutions is projected to have organic growth similar to the 5% achieved in Q4 2025. Management noted improvements in the Industrial segment and strong sales in aerospace, stating, 'the book-to-bill is strong.'

Read the full Trelleborg AB (publ) transcript (March 27, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 34 Trelleborg AB (publ) earnings call transcripts on record, spanning February 12, 2020 to July 16, 2026. Based on this history, Trelleborg AB (publ) reports quarterly. The most recent call on file is dated July 16, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TRELB

Exchange

OM

Country

SE

Sector

Industrials

Industry

Machinery

Calls on record

34

First call

February 12, 2020

Most recent

July 16, 2026

Reporting cadence

quarterly