CONCENTRIC INTERIM REPORT JANUARY – MARCH 2024
FIRST QUARTER 2024 · Net sales: MSEK 1,003 (1,127) – down –11% year-on-year with no major foreign exchange movements. Compared to Q4 2023 sales are up +9% in constant currency. · Operating income: Operating income was MSEK 137 (181) generating an Operating margin of 13.7% (16.1), up +1.6% from Operating margin before items affecting comparability of 12.1% reported in Q4 2023. · Net income for the period: MSEK 100 (121); basic EPS of SEK 2.69 (3.18). · Cash flow from operating activities: Cash flow from operating activities was MSEK 43 (89) with a profit to cash conversion