Trelleborg says cartel probe to hit earnings

Newswire

STOCKHOLM, June 26 (Reuters) - Engineering firm Trelleborg said on Tuesday earnings could be hit by "significant costs" related to cartel investigations involving some of its subsidiaries in Europe and the United States. The firm said in a statement that its external legal council had estimated that the cartel investigations "may lead to the group incurring significant costs of a nonrecurring nature in gradual stages during 2007 and 2008". "Currently, all estimations of the possible ...

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