Following the comprehensive changes of the Group in 2015-16 with restructurings and the divestment of the Notox division, SBS is expected to improve earnings in both divisions in 2017.

SBS Automotive is expected to improve earnings, mainly driven by rationalization of product strategies and services as well as opti-mizations of the supply chain. Previous year's decision on the transfer of the packaging operation to Poland will be included with full effect. 

Again SBS Friction is expected to improve earnings. The division will launch both new brake pads for motorcycles and other two-wheeled vehicles as well as new friction technology solutions for e.g. wind turbines. 

The outlook for 2017 will be further described in the 2016 Annual Report to be published on 27 March 2017.