CONCENTRIC INTERIM REPORT JANUARY – MARCH 2023
FIRST QUARTER 2023 · Net sales: MSEK 1,127 (934) – record sales for the quarter, up +21% year-on-year. After adjusting for the impact of currency +10%, sales on a like for like basis, in constant currency year-on-year were up +11%. · Operating income: Operating income was MSEK 181 (166) generating an Operating margin of 16.1% (17.8). · Net income for the period: MSEK 121 (130); basic EPS of SEK 3.18 (3.43). · Cash flow from operating activities: Cash flow from operating activities was MSEK 89 (89). · Group’s net debt: MSEK 865 (1,016); gearing ratio of 39% (59). Cash and