CONCENTRIC INTERIM REPORT JANUARY – SEPTEMBER 2016
THIRD QUARTER · Net sales: MSEK 491 (559) – down 7% y-o-y, after adjusting for currency (–5%) · Operating income: MSEK 81 (93), generating an operating margin of 16.5% (16.6) · Earnings after tax: MSEK 59 (66); basic EPS of SEK 1.45 (1.57) · Strong cash flow generated from operating activities: MSEK 113 (70) driven by reduction in working capital, which represented 2.0% (4.7) of annual sales FIRST NINE MONTHS · Net sales: MSEK 1,531 (1,802) – down 11% y-o-y, after adjusting for currency (–4%) · Operating income: MSEK 255 (298), generating an operating margin of 16.6% (