Edition:
India

Concentric AB (CONIC.ST)

CONIC.ST on Stockholm Stock Exchange

163.20SEK
4:17pm IST
Change (% chg)

-5.00kr (-2.97%)
Prev Close
168.20kr
Open
168.00kr
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168.00kr
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162.20kr
Volume
14,250
Avg. Vol
32,875
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174.20kr
52-wk Low
117.50kr

Latest Key Developments (Source: Significant Developments)

Concentric Q3 operating income at SEK 96 million
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - CONCENTRIC AB ::‍Q3 OPERATING INCOME SEK 96 MILLION VERSUS SEK 81 MILLION YEAR AGO​.Q3 NET SALES SEK ‍515 MILLION VERSUS SEK 491 MILLION YEAR AGO​.‍LEVEL OF ORDERS RECEIVED IN Q3 INDICATE THAT SALES IN Q4 WILL BE BROADLY IN LINE WITH SALES IN Q3​.‍PRODUCTION VOLUMES BLENDED TO CONCENTRIC'S END-MARKETS AND REGIONS WILL BE UP 6% YOY FOR FULL YEAR 2017​.  Full Article

Concentric Q3 operating profit falls 13 pct
Tuesday, 1 Nov 2016 

Concentric AB : Q3 net sales: msek 491 (559) - down 7% y-o-y, after adjusting for currency (-5%) . Q3 operating income: msek 81 (93), generating an operating margin of 16.5% (16.6) . Says looking forward, orders received, and expected to be fulfilled during q4 of 2016, were slightly behind sales levels of q3 of 2016 . Says market indices have been revised during q3 and now suggest that production volumes blended to concentric's end-markets and regions will soften a little further during last quarter of 2016, down 8% year-on-year for full year 2016 .Says remains well positioned both financially and operationally, to fully leverage our market opportunities.  Full Article

Concentric Q2 operating income unchanged
Friday, 22 Jul 2016 

Concentric Ab : Q2 operating income: MSEK 89 (88), generating an operating margin of 17.0% (14.2) . Q2 net sales: msek 522 (620) - down 11% y-o-y, after adjusting for currency (-5%) . Says as a global business with a strong manufacturing footprint and research and development focus in uk, concentric is well positioned to face challenges that lay ahead . Says at this point it is difficult to determine what impact of brexit will be or what new trade agreements will look like Further company coverage: [CONIC.ST] (Reporting By Johan Ahlander) ((johan.ahlander@thomsonreuters.com;)).  Full Article

BRIEF-Concentric Q1 operating profit up 20 pct yr/yr

* Q1 NET SALES: MSEK 603 (546) - UP 15% Y-O-Y, AFTER ADJUSTING FOR CURRENCY (-5%).