CONCENTRIC INTERIM REPORT JANUARY – SEPTEMBER 2023
THIRD QUARTER 2023 · Net sales: MSEK 1,035 (1,068) – reported sales were down -3% year-on-year. After adjusting for the impact of currency +4%, sales on a like for like basis, in constant currency year-on-year were down -7%. · Operating income: MSEK 134 (175), generating an operating margin of 13.0% (16.3). After adjusting for the cost associated with the closure of Itasca of MSEK 12, the operating margin before items affecting comparability was 14.1% (15.5). · Net income for the period: MSEK 89 (126); basic EPS of SEK 2.35 (3.32). · Cash flow from operating activities: Strong