Brief: Concentric Q3 Operating Income Rises To SEK 175 Mln

Concentric AB

03/11/2022 07:19

Nov 3 (Reuters) - Concentric AB  CONIC.ST :
    * CONCENTRIC INTERIM REPORT JANUARY - SEPTEMBER 2022
    * Q3 NET SALES: MSEK 1,068 (515) - REPORTED SALES WERE UP
+107%
YEAR-ON-YEAR
    * Q3 OPERATING INCOME: MSEK 175 (114)
    * LOOKING INTO Q4 OF 2022, WE CURRENTLY ESTIMATE NET SALES
TO
REMAIN CONSISTENT WITH SALES PERFORMANCE ACHIEVED DURING Q3.
    * WE EXPECT THAT HIGH LEVEL OF VOLATILITY IN MARKETS WILL
CONTINUE
WITH ONGOING WAR IN EUROPE, HIGH INFLATION, A RISK FOR FURTHER
COVID-19 RELATED RESTRICTIONS IN CHINA AND SUPPLY CHAIN
BOTTLENECKS

Source text for Eikon:  ID:nWkrb4R4W6 
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