Trelleborg AB Acquires Sico

Trelleborg AB, a Swedish company specializing in engineered polymer solutions, has acquired Sico. The acquisition is a strategic move to expand the company’s offerings and capabilities.

Financial Performance

Trelleborg AB is set to release its second-quarter report on July 17. Analysts expect a modest increase in revenue and earnings per share compared to the same period last year.

Stock Performance and Recommendations

Danske Bank has raised its price target for Trelleborg AB to 360 kronor, maintaining a “buy” recommendation. The company’s stock price has experienced fluctuations, but overall, it remains a stable investment opportunity.

Key Dates

• July 17: Trelleborg AB second-quarter report release date

References

• Danske Bank: Trelleborg AB price target raised to 360 kronor