UPDATE 1-Trelleborg says cartel probe to hit earnings

Newswire

(Adds analyst, company comment, share price) STOCKHOLM, June 26 (Reuters) - Swedish engineering group Trelleborg said financial charges related to its alleged involvement in price cartels could cancel out most of last year's earnings, triggering a sharp fall in its shares. Trelleborg said on Tuesday its legal advisors had estimated the cartel investigations at two subsidiaries in Europe and the United States might lead to "significant costs of a nonrecurring nature in gradual stages ...

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