CONCENTRIC INTERIM REPORT JANUARY – DECEMBER 2014
Full Year 2014: Strong margin and cash conversion · Net sales for the full year, excluding revenues attributable to Alfdex: MSEK 2,078 (1,858) 1) – up 3% year-on-year, after adjusting for currency (+7%) and LICOS (+2%) · Operating income for the full year, including net income (after interest and tax) attributable to Alfdex: MSEK 333 (279) – operating margin of 16.0% (15.0) 1) · Earnings after tax for the full year: MSEK 241 (176) – basic EPS of SEK 5.54 (4.00) · Strong cash flow from operating activities for the full year: MSEK 340 (199) · Net debt at year-end: MSEK 528 (