Finance
Trelleborg to adjust prices and production to offset 'limited' tariff impact
Published by Global Banking & Finance Review®
Posted on April 24, 2025
2 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 24, 2025
2 min readLast updated: January 24, 2026
Trelleborg plans to offset U.S. tariffs with production changes and price hikes, expecting limited direct impact but potential supply chain issues.
(Reuters) -Swedish industrial group Trelleborg sees a limited direct impact from U.S tariffs, which it expects to manage through production adjustments and price hikes, it said on Thursday.
Trelleborg, which has more than 100 manufacturing facilities around the world, including in the U.S., will address tariff challenges through optimising and localising its production, price management and flexibility in its global operations.
However, indirect effects such as supply chain disruptions and increased costs of raw materials could still negatively affect the business, it said in an earnings statement.
Its adjusted operating profit before amortisation rose to 1.62 billion Swedish crowns ($169 million) in the quarter, just below analysts' forecast of 1.63 billion, according to LSEG data.
Trelleborg said sales were weak particularly for seals used in the construction industry, hit by continued softness in the North American market, and noted a still subdued demand from carmakers.
It expects demand in the second quarter to be on a par with the previous one, but warned of unusually high uncertainty due to the geopolitical situation.
Its Swedish peer Sandvik, which makes metal-cutting and mining equipment, last week said it had so far seen no impact from U.S. tariffs on demand for its products.
($1 = 9.5835 Swedish crowns)
(Reporting by Marta Frąckowiak in Gdansk; Editing by Milla Nissi)
The article discusses Trelleborg's strategy to manage the impact of U.S. tariffs through production adjustments and price hikes.
Trelleborg plans to adjust production and implement price hikes to mitigate the effects of U.S. tariffs.
Indirect effects include potential supply chain disruptions and increased raw material costs.
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