United States

Concentric AB (CONIC.ST)

CONIC.ST on Stockholm Stock Exchange

24 Mar 2017
Change (% chg)

2.00kr (+1.48%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

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

Concentric AB comments on Q3 2015 sales guidance
Friday, 24 Jul 2015 02:22am EDT 

Concentric AB:Says that it estimate Q3 2015 sales to be lower on a sequential quarterly basis, assuming constant currency.  Full Article

Concentric reduces in Argentina
Monday, 20 Jul 2015 02:00am EDT 

Concentric AB:Announces restructuring plan in their Argentinian business Concentric Chivilcoy.Says redundancy program will result in annual savings estimated at 9 million Swedish crowns.Says total one-off expenses amount to 14 million crowns and have been booked in Q2 2015.Says program anticipates a headcount reduction of 34 employees.  Full Article

Concentric AB acquires own shares
Sunday, 10 May 2015 05:05pm EDT 

Concentric AB:Says that board of Concentric AB (publ) has decided to buy back own shares on Nasdaq Stockholm.Sasy that any acquisition of shares will take place before annual general meeting 2016 and shall cover no more than 4,285,250 shares, i.e. 10 pct. of total number of shares in Concentric AB.Says acquisitions will be managed by investment firm or financial institution which makes its trading decisions in relation to Concentric AB's shares independently of and without influence from Concentric AB.  Full Article

More From Around the Web

BRIEF-Concentric wins oil pump order

* Concentric AB secures order for new electric oil pump technology with leading global OEM