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Concentric AB (CONIC.ST)

CONIC.ST on Stockholm Stock Exchange

148.50SEK
15 Dec 2017
Change (% chg)

-0.25kr (-0.17%)
Prev Close
148.75kr
Open
148.75kr
Day's High
150.50kr
Day's Low
147.75kr
Volume
49,248
Avg. Vol
51,700
52-wk High
155.00kr
52-wk Low
107.75kr

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

Concentric to buy back own shares
Monday, 2 May 2016 

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 

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 

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