The industrial group Trelleborg sees somewhat lower demand ahead in the fourth quarter.
"The geopolitical situation is causing increased uncertainty," the company writes in a quarterly report.
The adjusted operating result in the third quarter fell 2 percent to 1.46 billion kronor, which was marginally below the average forecast among analysts according to Bloomberg.
Net sales remained flat at 8.4 billion kronor, which also fell slightly below the average forecast.
According to CEO Peter Nilsson, the third quarter developed in line with expectations.
"However, during the latter part of the period, the macroeconomic environment weakened, primarily for some industrial segments. This negatively affected our deliveries to construction and agricultural machinery. Within the aerospace industry, the underlying demand remained at a good level," he says in a comment in the report.
"External factors continue to create significant uncertainty regarding market development going forward," he adds.
