In the company's industrial solutions business, sales declined by 6.0% between the first quarter of 2020 and the first quarter of 2021, to SEK 2616m. This compares with SEK 2784m in the equivalent period in 2020.
EBIT in the division increased by 45.2% to SEK 315m in the quarter. This compares with SEK 217m in the equivalent period in 2020.
Sales fell in North America, but rose in Europe and Asia. Deliveries to the automotive and construction segments grew year on year. However, aerospace and railway sales were down because of the coronavirus restrictions that are still in place.
There was a fall in sales of 2.5% in the company's wheel systems business between the first quarter of 2020 and the first quarter 2021, to SEK 2397m. This compares with SEK 2459m in the equivalent period last year.
Divisonal EBIT fell by 20.9% to SEK 359m in the first quarter, from SEK 297m in the 2020 quarter.
There was a ‘distinct and sharp increase in demand’ for agricultural tyres in most geographical markets in the quarter, Trelleborg said. The company added that it had to try to increase production to keep up with demand, but labour shortages made this difficult. The company is looking for a solution in the second quarter. Higher volumes and cost controls helped to increase EBIT in the division.
In sealing solutions, sales were down by 2.37%, at $3133m, in the quarter. This compares with $3209m in the same quarter last year. Sales into the aerospace industry continued to be hit by the coronavirus pandemic, but should improve during the rest of the year, the company said.
Meanwhile, EBIT in the business rose by 3.97%, to SEK 734m in the quarter. This was a result of tight cost controls and higher levels of deliveries year on year.