Trelleborg Q3 pretax dips on autos weakness


STOCKHOLM, Oct 27 (Reuters) - Engineering firm Trelleborg posted lower-than-expected third-quarter pretax profits on Friday, hit by losses in its automotive business due to sharp cuts in car production and steep raw material prices. The firm, which makes car components and tyres and supplies sealing equipment to a wide range of industries, said pretax earnings fell to 285 million Swedish crowns ($39.10 million) for continuing operations, excluding restructuring charges. The outcome ...

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