CONCENTRIC INTERIM REPORT JANUARY – JUNE 2017
SECOND QUARTER · Net sales: MSEK 540 (522) – flat y-o-y, after adjusting for currency (+4%). · Operating income: MSEK 100 (89), generating an operating margin of 18.5% (17.0). · Earnings after tax: MSEK 75 (63); basic EPS of SEK 1.86 (1.52). · Cash flow generated from operating activities: MSEK 77 (132) is lower mainly due to increase in working capital. · Group’s net debt: MSEK 335 (686); gearing ratio of 42% (112) mainly due to recognition of pension remeasurement losses last year. FIRST SIX MONTHS · Net sales: MSEK 1,086 (1,040) – up 2% y-o-y, after adjusting for