Concentric AB announces preliminary results for the third quarter 2021, in connection with the acquisition of EMP Inc.
Concentric AB today announces its operating result for the third quarter 2021, which is in line with the company’s expectations. The Group’s net sales is estimated to be MSEK 515 (324) and the operating income is expected to be MSEK 114 (57), resulting in operating margin 22.2% (17.5). All figures in this press release are preliminary and the final report for the third quarter 2021 will be published on November 3, 2021 at 08:00am CET. Concentric released simultaneously a press release announcing the acquisition of EMP Inc. for MSEK 1,260 (MUSD 147) in a transformational deal to support