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Concentric AB (CONIC.ST)

CONIC.ST on Stockholm Stock Exchange

130.50SEK
11:29am EDT
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-2.75kr (-2.06%)
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133.25kr
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134.25kr
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155.00kr
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99.25kr

Latest Key Developments (Source: Significant Developments)

Concentric Q2 operating profit rises
2:00am EDT 

July 21 (Reuters) - Concentric AB :Q2 net sales: Msek 540 (522) - flat y-o-y, after adjusting for currency (+4%).Q2 operating income: Msek 100 (89), generating an operating margin of 18.5 pct (17.0).  Full Article

Concentric Q1 sales and earnings rise yr/yr
Wednesday, 3 May 2017 02:00am EDT 

May 3 (Reuters) - Concentric AB :Q1 net sales: MSEK 546 (518) - up 4% y-o-y, after adjusting for currency (+1%)..Q1 operating income: MSEK 100 (85), generating an operating margin of 18.3% (16.5)..Says looking forward, orders received, and expected to be fulfilled during Q2 of 2017, were slightly ahead of sales levels of Q1 of 2017.Says we expect that positive demand trend for all European end-markets will continue.Says market indices suggest that production volumes blended to Concentric's end-markets and regions will be up 2% year-on-year for 2017.Says remains well positioned both financially and operationally, to fully leverage our market opportunities..  Full Article

Concentric Q4 op profit rose to 86 mln SEK
Thursday, 9 Feb 2017 02:07am EST 

Concentric Ab : Q4 net sales: SEK 473 mln (504) . Q4 operating income: SEK 86 mln (83), . Says board of directors intend to propose a total dividend of SEK 3.50 (3.25) per share and to renew current mandate for share buybacks. . Says market indices suggest that production volumes blended to Concentric's end-markets and regions will be flat year-on-year for 2017 .Says the increase of public spending in the US on infrastructure investments promised by the new Trump administration could have a positive impact in 2017 for most of our end-markets in the region.  Full Article

Concentric Q2 operating income unchanged
Friday, 22 Jul 2016 02:00am EDT 

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

Concentric to buy back own shares
Monday, 2 May 2016 02:10am EDT 

Concentric AB:Has decided to buy back own shares on Nasdaq Stockholm.Any acquisition of shares shall cover no more than 4,157,060 shares, i.e. 10 pct of total number of shares.  Full Article

Concentric AB proposes total dividend of SEK 3.25 per share
Wednesday, 10 Feb 2016 02:00am EST 

Concentric AB:Propose a total dividend of SEK 3.25 (3.00) per share.  Full Article

Concentric secures nomination for EHS system with global OEM
Wednesday, 27 Jan 2016 03:14am EST 

Concentric AB:Secures nomination for EHS system with a global OEM ‍​.Production will start in Q4 of 2016, reaching mature volumes in 2018​‍.Mature volumes are expected to generate annual revenues of about 15 million Swedish crowns ($1.76 million) across Europe​.  Full Article

BRIEF-Concentric Q2 operating profit rises

* Q2 net sales: Msek 540 (522) - flat y-o-y, after adjusting for currency (+4%)