Page 7 - Concentric Ab News Today

/PRNewswire/ -- THIRD QUARTER Net sales: MSEK 515 (324) - reported sales were up +59% year-on-year. After adjusting for the impact of currency (-4%) and Allied...

/PRNewswire/ -- Pursuant to the announcement on 26 October, 2021, Concentric AB ("Concentric") today announces the completion of the acquisition of Engineered...

/PRNewswire/ -- Concentric AB today announces its operating result for the third quarter 2021, which is in line with the companys expectations. The Groups...

/PRNewswire/ -- Concentric AB ("Concentric") has reached an agreement to acquire Engineered Machined Products, Inc. ("EMP"), a leading US producer of electric...

/PRNewswire/ -- David Bessant has decided to leave his position as Senior Vice President of Europe and Rest of the World. His last day with the Company will be...

/PRNewswire/ -- Concentric AB awarded a contract to supply a hydraulic fan motor with integrated valve and control functions to a leading Chinese material...

/PRNewswire/ -- Alfdex AB, a 50/50 joint venture between Alfa Laval and Concentric, today announces it has won a contract to supply an electric disc separator...

/PRNewswire/ -- Concentric AB announces another important nomination with a North American OEM-supplier for its EHS system used on a new range of medium-duty...

FIRST QUARTER Net sales: MSEK 432 (456) – sales were down –5% year-on-year. After adjusting for impact of currency (–10%) and Allied Enterprises (+5%) sales year-on-year remained flat. Operating income: MSEK 95 (87), generating an operating margin of 21.9% (19.1).  Net income for the period: MSEK 72 (60); basic EPS of SEK 1.90 (1.60). Cash flow from operating activities: MSEK 73 (81); continuing strong cash generation. Groups net debt: MSEK –90 (27); gearing ratio of –7% (2). N...

Concentric AB partners with a global leader in driveline technology to develop a new electric oil pump for advanced start/stop capability News provided by Share this article Share this article SKÅNES FAGERHULT, Sweden, May 4, 2021 /PRNewswire/ -- Concentric AB has partnered with a global Tier 1 manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles to develop a new fully electric oil pump for use within their "start/stop" technology. Production will start ...