CONCENTRIC INTERIM REPORT JANUARY – JUNE 2019
SECOND QUARTER · Net sales: MSEK 553 (603) – sales were down –8% y-o-y. After adjusting for impact of currency (+4%), sales in constant currency were down –12%. · Underlying sales development: Underlying Group sales, both for the second quarter and the first six months, were constant when excluding the effect of the previously announced decision by a global OEM customer to dual source components during 2019. · Operating income: MSEK 121 (126), generating an operating margin of 21.9% (20.9). · Earnings after tax: MSEK 92 (94); basic EPS of SEK 2.39 (2.36). · Cash flow