CONCENTRIC INTERIM REPORT JANUARY – DECEMBER 2017
FOURTH QUARTER · Net sales: MSEK 503 (473) – up 12% y-o-y, after adjusting for currency (–6%). · Operating income: MSEK 108 (86), generating an operating margin of 21.4% (18.2). Underlying operating margin was 19.6% (17.4), adjusting for restructuring and pension related items affecting comparability. · Earnings after tax: MSEK 82 (64); basic EPS of SEK 2.08 (1.57). · Cash flow generated from operating activities: MSEK 132 (100) driven by tighter management of working capital over the last quarter. · Dividend: Based on the Group’s earnings and strong financial