Brief: Concentric AB - Q3 OPERATING INCOME MSEK 142

Concentric AB

30/10/2018 07:06

Oct 30 (Reuters) - Concentric AB  CONIC.ST :
    * CONCENTRIC AB - Q3 NET SALES: MSEK 622 (515) - UP 12%
Y-O-Y,
AFTER ADJUSTING FOR CURRENCY (+9%)
    * CONCENTRIC AB - Q3 OPERATING INCOME: MSEK 142 (96),
GENERATING
AN OPERATING MARGIN OF 22.9% (18.7).
    * CONCENTRIC AB - REITERATE OUR PRIOR GUIDANCE, THAT
EBIT-MARGIN
BEFORE ONE-OFF PROFITS DURING Q4, IS EXPECTED TO BE 22% FOR FULL
YEAR 2018
    * CONCENTRIC - CURRENT PUBLISHED MARKET INDICES, BLENDED TO
CONCENTRIC'S MIX OF END MARKET APPLICATIONS AND GEOGRAPHY,
SUGGEST FY GROWTH RATE WILL WEAKEN SLIGHTLY DURING REMAINDER OF
2018

Source text for Eikon:  ID:nWkr2f3BX5 
Further company coverage:  CONIC.ST 

 (Reporting by Stockholm Newsroom)
 ((simon.c.johnson@thomsonreuters.com;))