View Future GrowthConcentric 過去の業績過去 基準チェック /26Concentricは、平均年間9.3%の収益成長を遂げていますが、 Machinery業界の収益は、年間 成長しています。収益は、平均年間9.5% 21.9%収益成長率で 成長しています。 Concentricの自己資本利益率は13%であり、純利益率は7.2%です。主要情報9.26%収益成長率9.63%EPS成長率Machinery 業界の成長10.65%収益成長率21.86%株主資本利益率12.96%ネット・マージン7.24%次回の業績アップデート29 Nov 2024最近の業績更新お知らせ • Jul 25+ 3 more updatesConcentric AB (publ) to Report Q1, 2025 Results on May 07, 2025Concentric AB (publ) announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on May 07, 2025Reported Earnings • May 09First quarter 2024 earnings released: EPS: kr2.69 (vs kr3.19 in 1Q 2023)First quarter 2024 results: EPS: kr2.69 (down from kr3.19 in 1Q 2023). Revenue: kr1.00b (down 11% from 1Q 2023). Net income: kr100.0m (down 17% from 1Q 2023). Profit margin: 10.0% (in line with 1Q 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 28Full year 2023 earnings released: EPS: kr11.01 (vs kr13.20 in FY 2022)Full year 2023 results: EPS: kr11.01 (down from kr13.20 in FY 2022). Revenue: kr4.21b (up 3.7% from FY 2022). Net income: kr417.0m (down 17% from FY 2022). Profit margin: 9.9% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Feb 08Full year 2023 earnings released: EPS: kr11.01 (vs kr13.20 in FY 2022)Full year 2023 results: EPS: kr11.01 (down from kr13.20 in FY 2022). Revenue: kr4.21b (up 3.7% from FY 2022). Net income: kr417.0m (down 17% from FY 2022). Profit margin: 9.9% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: kr2.35 (vs kr3.32 in 3Q 2022)Third quarter 2023 results: EPS: kr2.35 (down from kr3.32 in 3Q 2022). Revenue: kr1.04b (down 3.1% from 3Q 2022). Net income: kr89.0m (down 29% from 3Q 2022). Profit margin: 8.6% (down from 12% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Aug 16+ 3 more updatesConcentric AB (publ) to Report Q2, 2024 Results on Jul 31, 2024Concentric AB (publ) announced that they will report Q2, 2024 results at 8:00 AM, Central European Standard Time on Jul 31, 2024すべての更新を表示Recent updatesRecent Insider Transactions • Oct 23Independent Director recently sold €161k worth of stockOn the 18th of October, Claes Akesson sold around 8k shares on-market at roughly €20.11 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €289k more than they bought in the last 12 months.お知らせ • Oct 23Concentric AB (publ)(OM:COIC) dropped from OMX Nordic All-Share IndexConcentric AB has been droppred from the OMX Nordic All-Share Index .お知らせ • Oct 02Concentric AB (publ) (OM:COIC) completed the acquisition of G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh.Concentric AB (publ) (OM:COIC) agreed to acquire G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh for an enterprise value at approximately SEK 270 million on September 18, 2024. As part of the acquisition, Concentric AB will acquire 100% stake in G.O. ENGINEERING Gesellschaft. The transaction also includes the acquisition of G.O. Engineering Gesellschaft's subsidiary ÖkoGW Verwaltungs- und Vermietungs GmbH & Co. KG. This is subject to any closing conditions being met. Concentric will finance the Acquisition using cash reserves and existing debt facilities. Helmut Gerstner and Ralf Wörner, the current owners of GO Engineering, will remain involved in the business to ensure a smooth transition, with Gerstner providing support for a three-month period, while Wörner will contribute to the company's operations on an ongoing basis. With the acquisition, Concentric AB will welcome more than 120 GO Engineering employees to the Concentric Group. For the period ending June 30, 2024, G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh reported total revenue of approximately SEK 330 million and EBITDA of SEK 27 million. The expected completion of the transaction is October 1, 2024. Concentric AB (publ) (OM:COIC) completed the acquisition of G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh on October 1, 2024.お知らせ • Oct 01Concentric AB Announces Resignation of Roger Ingemey as Senior Vice President of the Hydraulics DivisionConcentric AB announced that Dr. Roger Ingemey will, effective immediately, be leaving his position as Senior Vice President of the Hydraulics division. His responsibilities will be assumed on an interim basis by existing members of the Senior Leadership team.お知らせ • Sep 19Concentric AB (publ) (OM:COIC) agreed to acquire G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh for an enterprise value at approximately SEK 270 million.Concentric AB (publ) (OM:COIC) agreed to acquire G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh for an enterprise value at approximately SEK 270 million on September 18, 2024. This is subject to any closing conditions being met. Concentric will finance the Acquisition using cash reserves and existing debt facilities. Helmut Gerstner and Ralf Wörner, the current owners of GO Engineering, will remain involved in the business to ensure a smooth transition, with Gerstner providing support for a three-month period, while Wörner will contribute to the company's operations on an ongoing basis. With the acquisition, Concentric AB will welcome more than 120 GO Engineering employees to the Concentric Group. For the period ending June 30, 2024, G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh reported total revenue of SEK 332 million and EBITDA of SEK 27 million. The expected completion of the transaction is October 1, 2024.New Risk • Aug 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.2% net profit margin).お知らせ • Aug 29A.P. Møller Holding A/S proposed to acquire Concentric AB (publ) (OM:COIC) from Forsta AP-fonden and Cliens Kapitalförvaltning AB and others for SEK 8.6 billion.A.P. Møller Holding A/S proposed to acquire Concentric AB (publ) (OM:COIC) from Forsta AP-fonden and Cliens Kapitalförvaltning AB and others for SEK 8.6 billion on August 29, 2024. A cash consideration of SEK 8.59 billion valued at SEK 230 per share will be paid by A.P. Møller Holding A/S. As part of consideration, SEK 8.59 billion is paid towards common equity of Concentric AB (publ). The consideration payable in respect of the Offer is financed in full by funds available to the Offeror by way of an equity commitment letter issued by APMH Invest A/S. The Company's shareholders Första AP-fonden and Cliens Kapitalförvaltning AB, controlling 16.7 per cent of the outstanding shares and votes in Concentric, have entered into undertakings to accept the offer. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that A.P. Møller Holding becomes the owner of more than 90% of the shares in Concentric AB, as well as the receipt of all regulatory, governmental or similar clearances, approvals and decisions and other actions that are necessary for the Offer and Circle. If the Offeror, whether in connection with the Offer or otherwise, acquires shares representing more than 90% of the total number of outstanding shares in Concentric, the Offeror intends to commence compulsory redemption proceedings under the Swedish Companies Act. The deal has been unanimously approved by the Concentric AB board. The acceptance period of the Offer is expected to commence on or around September 23, 2024, and expire on or around November 1, 2024, subject to any extensions. Skandinaviska Enskilda Banken AB acted as financial advisor, Advokatfirman Lindahl KB acted as legal advisor, Ernst & Young Corporate Finance AB acted as fairness opinion provider to Concentric AB. Citigroup Global Markets Europe AG, Danske Bank A/S, Danmark,Sverige Filial acted as financial advisors to A.P. Møller Holding A/S. White & Case LLP acted as legal advisor to A.P. Møller Holding A/S.New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.2% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.2% net profit margin).お知らせ • Jul 25+ 3 more updatesConcentric AB (publ) to Report Q1, 2025 Results on May 07, 2025Concentric AB (publ) announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on May 07, 2025お知らせ • May 09Concentric AB (publ) Provides Sales Guidance for the Second Quarter of 2024Concentric AB (publ) provided sales guidance for the second quarter of 2024. The company expects net sales in the second quarter of 2024 to be broadly similar to the net sales achieved in the first quarter of 2024.Reported Earnings • May 09First quarter 2024 earnings released: EPS: kr2.69 (vs kr3.19 in 1Q 2023)First quarter 2024 results: EPS: kr2.69 (down from kr3.19 in 1Q 2023). Revenue: kr1.00b (down 11% from 1Q 2023). Net income: kr100.0m (down 17% from 1Q 2023). Profit margin: 10.0% (in line with 1Q 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Apr 19+ 1 more updateConcentric AB Approves Election of Frida Norrbom Sams and Mark Williamson as Board MembersConcentric AB at its AGM held on April 18, 2024 approved election of Frida Norrbom Sams and Mark Williamson as board members.Upcoming Dividend • Apr 12Upcoming dividend of kr4.25 per shareEligible shareholders must have bought the stock before 19 April 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.2%).Reported Earnings • Mar 28Full year 2023 earnings released: EPS: kr11.01 (vs kr13.20 in FY 2022)Full year 2023 results: EPS: kr11.01 (down from kr13.20 in FY 2022). Revenue: kr4.21b (up 3.7% from FY 2022). Net income: kr417.0m (down 17% from FY 2022). Profit margin: 9.9% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Feb 15Concentric AB (Publ) Announces Retirement of Susanna Schneeberger as Board MemberConcentric AB (publ) announced that the current board member Susanna Schneeberger has informed the nomination committee that she declines re-election.Declared Dividend • Feb 12Dividend of kr4.25 announcedShareholders will receive a dividend of kr4.25. Ex-date: 19th April 2024 Payment date: 25th April 2024 Dividend yield will be 30%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 08Full year 2023 earnings released: EPS: kr11.01 (vs kr13.20 in FY 2022)Full year 2023 results: EPS: kr11.01 (down from kr13.20 in FY 2022). Revenue: kr4.21b (up 3.7% from FY 2022). Net income: kr417.0m (down 17% from FY 2022). Profit margin: 9.9% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Feb 07+ 1 more updateConcentric AB (Publ) Proposes Dividend for the Financial Year 2023The Board of Directors of Concentric AB (publ) proposed a dividend of SEK 4.25 (4.00) per share for the financial year 2023 and to renew the current mandate for share buy-backs.お知らせ • Jan 10Concentric AB Appoints Dr. Roger Ingemey as Senior Vice President Hydraulics Division, Effective on February 1, 2024Concentric AB has appointed Dr. Roger Ingemey as Senior Vice President Hydraulics Division. The appointment of Roger from 1 February 2024 will be pivotal in executing the Group strategic plan, to deliver profitable growth in the hydraulics division aligned to electrification strategy, and driving productivity improvements through the Concentric Business Excellence program. Roger holds a PhD in Physical Chemistry from the University of Duisburg-Essen.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €16.46, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 3.3% over the past three years.New Risk • Nov 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change).Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: kr2.35 (vs kr3.32 in 3Q 2022)Third quarter 2023 results: EPS: kr2.35 (down from kr3.32 in 3Q 2022). Revenue: kr1.04b (down 3.1% from 3Q 2022). Net income: kr89.0m (down 29% from 3Q 2022). Profit margin: 8.6% (down from 12% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Oct 11Concentric AB (Publ) Announces Appointment of Nomination CommitteeThe AGM 2019 has resolved that Concentric's Nomination Committee shall have five members which consist of the Chairman of the Board and one representative of each of the four shareholders. The members of the Nomination Committee shall, in accordance with the resolution of the AGM 2019, be appointed based on the ownership structure as of 31st of August 2023. The members are: Monica Åsmyr, Swedbank Robur Fonder, Chairman of the Nomination Committee Maria Rengefors, Nordea Fonder, Anette Dahlberg, Första AP-fonden, Carl Sundblad, Cliens Fonder, the Nomination Committee also includes the Chairman of the Board, Anders Nielsen.お知らせ • Aug 16+ 3 more updatesConcentric AB (publ) to Report Q2, 2024 Results on Jul 31, 2024Concentric AB (publ) announced that they will report Q2, 2024 results at 8:00 AM, Central European Standard Time on Jul 31, 2024お知らせ • Jul 26+ 2 more updatesConcentric AB (publ) to Report Fiscal Year 2023 Results on Feb 07, 2024Concentric AB (publ) announced that they will report fiscal year 2023 results on Feb 07, 2024お知らせ • May 23+ 1 more updateConcentric AB (Publ) Announces Sales Guidance for the Year 2023Concentric AB (publ) announced financial targets for 2023, the company expects Electrical sales compound annual growth rate of 15% over a business cycle and sales growth of 3% above market indices from base business.お知らせ • May 04Concentric AB (Publ) Provides Sales Guidance for the Year 2023Concentric AB (publ) provided sales guidance for the year 2023. The company currently estimate sales in the second quarter of 2023 to be similar to the sales performance achieved during the first quarter of 2023.Reported Earnings • May 03First quarter 2023 earnings released: EPS: kr3.19 (vs kr3.43 in 1Q 2022)First quarter 2023 results: EPS: kr3.19 (down from kr3.43 in 1Q 2022). Revenue: kr1.13b (up 21% from 1Q 2022). Net income: kr121.0m (down 6.9% from 1Q 2022). Profit margin: 11% (down from 14% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 12Upcoming dividend of kr4.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 19 April 2023. Payment date: 25 April 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.0%).Reported Earnings • Mar 27Full year 2022 earnings releasedFull year 2022 results: Revenue: kr4.06b (up 92% from FY 2021). Net income: kr501.0m (up 48% from FY 2021). Profit margin: 12% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €17.32, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Machinery industry in Germany. Total returns to shareholders of 96% over the past three years.Reported Earnings • Feb 09Full year 2022 earnings released: EPS: kr13.20 (vs kr8.92 in FY 2021)Full year 2022 results: EPS: kr13.20 (up from kr8.92 in FY 2021). Revenue: kr4.06b (up 92% from FY 2021). Net income: kr501.0m (up 48% from FY 2021). Profit margin: 12% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09+ 1 more updateConcentric AB Provides Sales Guidance for the First Quarter of 2023Concentric AB provides sales guidance for the first quarter of 2023. The company currently estimate sales in the first quarter of 2023 to be similar to the sales performance achieved during the fourth quarter of 2022.お知らせ • Dec 06+ 1 more updateConcentric AB (publ) to Report Q4, 2022 Results on Feb 08, 2023Concentric AB (publ) announced that they will report Q4, 2022 results at 8:00 AM, Central European Standard Time on Feb 08, 2023Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: kr3.32 (vs kr2.40 in 3Q 2021)Third quarter 2022 results: EPS: kr3.32 (up from kr2.40 in 3Q 2021). Revenue: kr1.07b (up 107% from 3Q 2021). Net income: kr126.0m (up 39% from 3Q 2021). Profit margin: 12% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: kr3.53 (vs kr2.24 in 2Q 2021)Second quarter 2022 results: EPS: kr3.53 (up from kr2.24 in 2Q 2021). Revenue: kr1.02b (up 116% from 2Q 2021). Net income: kr134.0m (up 58% from 2Q 2021). Profit margin: 13% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 05First quarter 2022 earnings released: EPS: kr3.43 (vs kr1.90 in 1Q 2021)First quarter 2022 results: EPS: kr3.43 (up from kr1.90 in 1Q 2021). Revenue: kr934.0m (up 116% from 1Q 2021). Net income: kr130.0m (up 81% from 1Q 2021). Profit margin: 14% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 29%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 15Upcoming dividend of kr3.75 per shareEligible shareholders must have bought the stock before 22 April 2022. Payment date: 28 April 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (2.5%).Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 21% share price gain to €20.65, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the Machinery industry in Germany. Total returns to shareholders of 38% over the past year.Executive Departure • Oct 01Senior VP and Head of Europe & Rest of the World David Bessant has left the companyOn the 29th of September, David Bessant's tenure as Senior VP and Head of Europe & Rest of the World ended after 3.9 years in the role. As of June 2021, David still personally held 27.60k shares (€480k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.92 years.Reported Earnings • Jul 22Second quarter 2021 earnings released: EPS kr2.24 (vs kr0.45 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr473.0m (up 38% from 2Q 2020). Net income: kr85.0m (up 400% from 2Q 2020). Profit margin: 18% (up from 5.0% in 2Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • May 06First quarter 2021 earnings released: EPS kr1.90 (vs kr1.59 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr432.0m (down 5.3% from 1Q 2020). Net income: kr72.0m (up 20% from 1Q 2020). Profit margin: 17% (up from 13% in 1Q 2020). The increase in margin was driven by lower expenses.Executive Departure • Apr 30Independent Director has left the companyOn the 22nd of April, Martin Lundstedt's tenure as Independent Director ended after 9.0 years in the role. We don't have any record of a personal shareholding under Martin's name. A total of 3 executives have left over the last 12 months.Executive Departure • Apr 30Independent Director has left the companyOn the 22nd of April, Marianne Brismar's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Marianne's name. A total of 3 executives have left over the last 12 months.Executive Departure • Apr 30Independent Chairman of the Board Kenth Eriksson has left the companyOn the 22nd of April, Kenth Eriksson's tenure in the role of Independent Chairman of the Board ended. As of December 2020, Kenth personally held 50.18k shares (€939k worth at the time). A total of 3 executives have left over the last 12 months.Upcoming Dividend • Apr 16Upcoming dividend of kr3.50 per shareEligible shareholders must have bought the stock before 23 April 2021. Payment date: 29 April 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%).Reported Earnings • Apr 03Full year 2020 earnings released: EPS kr5.42 (vs kr8.37 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr1.50b (down 25% from FY 2019). Net income: kr205.0m (down 36% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by lower revenue.Analyst Estimate Surprise Post Earnings • Feb 11Revenue beats expectationsRevenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 6.7%, compared to a 5.0% growth forecast for the Machinery industry in Germany.Reported Earnings • Feb 11Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr1.50b (down 25% from FY 2019). Net income: kr205.0m (down 36% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by lower revenue.Is New 90 Day High Low • Jan 21New 90-day high: €19.22The company is up 28% from its price of €14.96 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 15% over the same period.Is New 90 Day High Low • Dec 31New 90-day high: €18.72The company is up 16% from its price of €16.10 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period.Is New 90 Day High Low • Dec 10New 90-day high: €16.78The company is up 8.0% from its price of €15.54 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period.Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS kr1.06The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: kr324.0m (down 30% from 3Q 2019). Net income: kr40.0m (down 38% from 3Q 2019). Profit margin: 12% (down from 14% in 3Q 2019). The decrease in margin was driven by lower revenue.Analyst Estimate Surprise Post Earnings • Nov 05Revenue misses expectationsRevenue missed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 1.1% while the growth in Machinery industry in Germany is expected to stay flat.Is New 90 Day High Low • Oct 29New 90-day low: €14.00The company is down 2.0% from its price of €14.34 on 31 July 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is down 3.0% over the same period.収支内訳Concentric の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:2DN 収益、費用、利益 ( )SEK Millions日付収益収益G+A経費研究開発費30 Jun 243,9382853849631 Mar 244,0813963909931 Dec 234,2054174059530 Sep 234,2934414189630 Jun 234,3264783959731 Mar 234,2494923579231 Dec 224,0565013339130 Sep 223,7184802958130 Jun 223,1654452706331 Mar 222,6173962564931 Dec 212,1153382243730 Sep 211,8003362052430 Jun 211,6092852002431 Mar 211,4782171892531 Dec 201,5022051902830 Sep 201,5521881443630 Jun 201,6912121494031 Mar 201,9022871694431 Dec 192,0123211774630 Sep 192,1643652085030 Jun 192,3234082245231 Mar 192,3734102385131 Dec 182,4104052615030 Sep 182,3313722774830 Jun 182,2243372774731 Mar 182,1613182734831 Dec 172,1043032544830 Sep 172,0742852634630 Jun 172,0502722494831 Mar 172,0322602454731 Dec 162,0042462354930 Sep 162,0352362535230 Jun 162,1032432405131 Mar 162,2012422415231 Dec 152,3062712485030 Sep 152,3372812355130 Jun 152,2982792484831 Mar 152,2052772345231 Dec 142,0782412165830 Sep 142,0112231926230 Jun 141,9872081896831 Mar 141,9321921886631 Dec 131,85817618762質の高い収益: 2DNは 高品質の収益 を持っています。利益率の向上: 2DNの現在の純利益率 (7.2%)は、昨年(11%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 2DNの収益は過去 5 年間で年間9.3%増加しました。成長の加速: 2DNは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 2DNは過去 1 年間で収益成長率がマイナス ( -40.4% ) となったため、 Machinery業界平均 ( 1.6% ) と比較することが困難です。株主資本利益率高いROE: 2DNの 自己資本利益率 ( 13% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YCapital-goods 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/10/28 21:58終値2024/10/28 00:00収益2024/06/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Concentric AB (publ) 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Jul 25+ 3 more updatesConcentric AB (publ) to Report Q1, 2025 Results on May 07, 2025Concentric AB (publ) announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on May 07, 2025
Reported Earnings • May 09First quarter 2024 earnings released: EPS: kr2.69 (vs kr3.19 in 1Q 2023)First quarter 2024 results: EPS: kr2.69 (down from kr3.19 in 1Q 2023). Revenue: kr1.00b (down 11% from 1Q 2023). Net income: kr100.0m (down 17% from 1Q 2023). Profit margin: 10.0% (in line with 1Q 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: kr11.01 (vs kr13.20 in FY 2022)Full year 2023 results: EPS: kr11.01 (down from kr13.20 in FY 2022). Revenue: kr4.21b (up 3.7% from FY 2022). Net income: kr417.0m (down 17% from FY 2022). Profit margin: 9.9% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Feb 08Full year 2023 earnings released: EPS: kr11.01 (vs kr13.20 in FY 2022)Full year 2023 results: EPS: kr11.01 (down from kr13.20 in FY 2022). Revenue: kr4.21b (up 3.7% from FY 2022). Net income: kr417.0m (down 17% from FY 2022). Profit margin: 9.9% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: kr2.35 (vs kr3.32 in 3Q 2022)Third quarter 2023 results: EPS: kr2.35 (down from kr3.32 in 3Q 2022). Revenue: kr1.04b (down 3.1% from 3Q 2022). Net income: kr89.0m (down 29% from 3Q 2022). Profit margin: 8.6% (down from 12% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Aug 16+ 3 more updatesConcentric AB (publ) to Report Q2, 2024 Results on Jul 31, 2024Concentric AB (publ) announced that they will report Q2, 2024 results at 8:00 AM, Central European Standard Time on Jul 31, 2024
Recent Insider Transactions • Oct 23Independent Director recently sold €161k worth of stockOn the 18th of October, Claes Akesson sold around 8k shares on-market at roughly €20.11 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €289k more than they bought in the last 12 months.
お知らせ • Oct 23Concentric AB (publ)(OM:COIC) dropped from OMX Nordic All-Share IndexConcentric AB has been droppred from the OMX Nordic All-Share Index .
お知らせ • Oct 02Concentric AB (publ) (OM:COIC) completed the acquisition of G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh.Concentric AB (publ) (OM:COIC) agreed to acquire G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh for an enterprise value at approximately SEK 270 million on September 18, 2024. As part of the acquisition, Concentric AB will acquire 100% stake in G.O. ENGINEERING Gesellschaft. The transaction also includes the acquisition of G.O. Engineering Gesellschaft's subsidiary ÖkoGW Verwaltungs- und Vermietungs GmbH & Co. KG. This is subject to any closing conditions being met. Concentric will finance the Acquisition using cash reserves and existing debt facilities. Helmut Gerstner and Ralf Wörner, the current owners of GO Engineering, will remain involved in the business to ensure a smooth transition, with Gerstner providing support for a three-month period, while Wörner will contribute to the company's operations on an ongoing basis. With the acquisition, Concentric AB will welcome more than 120 GO Engineering employees to the Concentric Group. For the period ending June 30, 2024, G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh reported total revenue of approximately SEK 330 million and EBITDA of SEK 27 million. The expected completion of the transaction is October 1, 2024. Concentric AB (publ) (OM:COIC) completed the acquisition of G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh on October 1, 2024.
お知らせ • Oct 01Concentric AB Announces Resignation of Roger Ingemey as Senior Vice President of the Hydraulics DivisionConcentric AB announced that Dr. Roger Ingemey will, effective immediately, be leaving his position as Senior Vice President of the Hydraulics division. His responsibilities will be assumed on an interim basis by existing members of the Senior Leadership team.
お知らせ • Sep 19Concentric AB (publ) (OM:COIC) agreed to acquire G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh for an enterprise value at approximately SEK 270 million.Concentric AB (publ) (OM:COIC) agreed to acquire G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh for an enterprise value at approximately SEK 270 million on September 18, 2024. This is subject to any closing conditions being met. Concentric will finance the Acquisition using cash reserves and existing debt facilities. Helmut Gerstner and Ralf Wörner, the current owners of GO Engineering, will remain involved in the business to ensure a smooth transition, with Gerstner providing support for a three-month period, while Wörner will contribute to the company's operations on an ongoing basis. With the acquisition, Concentric AB will welcome more than 120 GO Engineering employees to the Concentric Group. For the period ending June 30, 2024, G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh reported total revenue of SEK 332 million and EBITDA of SEK 27 million. The expected completion of the transaction is October 1, 2024.
New Risk • Aug 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.2% net profit margin).
お知らせ • Aug 29A.P. Møller Holding A/S proposed to acquire Concentric AB (publ) (OM:COIC) from Forsta AP-fonden and Cliens Kapitalförvaltning AB and others for SEK 8.6 billion.A.P. Møller Holding A/S proposed to acquire Concentric AB (publ) (OM:COIC) from Forsta AP-fonden and Cliens Kapitalförvaltning AB and others for SEK 8.6 billion on August 29, 2024. A cash consideration of SEK 8.59 billion valued at SEK 230 per share will be paid by A.P. Møller Holding A/S. As part of consideration, SEK 8.59 billion is paid towards common equity of Concentric AB (publ). The consideration payable in respect of the Offer is financed in full by funds available to the Offeror by way of an equity commitment letter issued by APMH Invest A/S. The Company's shareholders Första AP-fonden and Cliens Kapitalförvaltning AB, controlling 16.7 per cent of the outstanding shares and votes in Concentric, have entered into undertakings to accept the offer. Completion of the Offer is conditional upon, among other things, the Offer being accepted to such extent that A.P. Møller Holding becomes the owner of more than 90% of the shares in Concentric AB, as well as the receipt of all regulatory, governmental or similar clearances, approvals and decisions and other actions that are necessary for the Offer and Circle. If the Offeror, whether in connection with the Offer or otherwise, acquires shares representing more than 90% of the total number of outstanding shares in Concentric, the Offeror intends to commence compulsory redemption proceedings under the Swedish Companies Act. The deal has been unanimously approved by the Concentric AB board. The acceptance period of the Offer is expected to commence on or around September 23, 2024, and expire on or around November 1, 2024, subject to any extensions. Skandinaviska Enskilda Banken AB acted as financial advisor, Advokatfirman Lindahl KB acted as legal advisor, Ernst & Young Corporate Finance AB acted as fairness opinion provider to Concentric AB. Citigroup Global Markets Europe AG, Danske Bank A/S, Danmark,Sverige Filial acted as financial advisors to A.P. Møller Holding A/S. White & Case LLP acted as legal advisor to A.P. Møller Holding A/S.
New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.2% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.2% net profit margin).
お知らせ • Jul 25+ 3 more updatesConcentric AB (publ) to Report Q1, 2025 Results on May 07, 2025Concentric AB (publ) announced that they will report Q1, 2025 results at 8:00 AM, Central European Standard Time on May 07, 2025
お知らせ • May 09Concentric AB (publ) Provides Sales Guidance for the Second Quarter of 2024Concentric AB (publ) provided sales guidance for the second quarter of 2024. The company expects net sales in the second quarter of 2024 to be broadly similar to the net sales achieved in the first quarter of 2024.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: kr2.69 (vs kr3.19 in 1Q 2023)First quarter 2024 results: EPS: kr2.69 (down from kr3.19 in 1Q 2023). Revenue: kr1.00b (down 11% from 1Q 2023). Net income: kr100.0m (down 17% from 1Q 2023). Profit margin: 10.0% (in line with 1Q 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Apr 19+ 1 more updateConcentric AB Approves Election of Frida Norrbom Sams and Mark Williamson as Board MembersConcentric AB at its AGM held on April 18, 2024 approved election of Frida Norrbom Sams and Mark Williamson as board members.
Upcoming Dividend • Apr 12Upcoming dividend of kr4.25 per shareEligible shareholders must have bought the stock before 19 April 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.2%).
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: kr11.01 (vs kr13.20 in FY 2022)Full year 2023 results: EPS: kr11.01 (down from kr13.20 in FY 2022). Revenue: kr4.21b (up 3.7% from FY 2022). Net income: kr417.0m (down 17% from FY 2022). Profit margin: 9.9% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Feb 15Concentric AB (Publ) Announces Retirement of Susanna Schneeberger as Board MemberConcentric AB (publ) announced that the current board member Susanna Schneeberger has informed the nomination committee that she declines re-election.
Declared Dividend • Feb 12Dividend of kr4.25 announcedShareholders will receive a dividend of kr4.25. Ex-date: 19th April 2024 Payment date: 25th April 2024 Dividend yield will be 30%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 08Full year 2023 earnings released: EPS: kr11.01 (vs kr13.20 in FY 2022)Full year 2023 results: EPS: kr11.01 (down from kr13.20 in FY 2022). Revenue: kr4.21b (up 3.7% from FY 2022). Net income: kr417.0m (down 17% from FY 2022). Profit margin: 9.9% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Feb 07+ 1 more updateConcentric AB (Publ) Proposes Dividend for the Financial Year 2023The Board of Directors of Concentric AB (publ) proposed a dividend of SEK 4.25 (4.00) per share for the financial year 2023 and to renew the current mandate for share buy-backs.
お知らせ • Jan 10Concentric AB Appoints Dr. Roger Ingemey as Senior Vice President Hydraulics Division, Effective on February 1, 2024Concentric AB has appointed Dr. Roger Ingemey as Senior Vice President Hydraulics Division. The appointment of Roger from 1 February 2024 will be pivotal in executing the Group strategic plan, to deliver profitable growth in the hydraulics division aligned to electrification strategy, and driving productivity improvements through the Concentric Business Excellence program. Roger holds a PhD in Physical Chemistry from the University of Duisburg-Essen.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €16.46, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 3.3% over the past three years.
New Risk • Nov 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change).
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: kr2.35 (vs kr3.32 in 3Q 2022)Third quarter 2023 results: EPS: kr2.35 (down from kr3.32 in 3Q 2022). Revenue: kr1.04b (down 3.1% from 3Q 2022). Net income: kr89.0m (down 29% from 3Q 2022). Profit margin: 8.6% (down from 12% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Oct 11Concentric AB (Publ) Announces Appointment of Nomination CommitteeThe AGM 2019 has resolved that Concentric's Nomination Committee shall have five members which consist of the Chairman of the Board and one representative of each of the four shareholders. The members of the Nomination Committee shall, in accordance with the resolution of the AGM 2019, be appointed based on the ownership structure as of 31st of August 2023. The members are: Monica Åsmyr, Swedbank Robur Fonder, Chairman of the Nomination Committee Maria Rengefors, Nordea Fonder, Anette Dahlberg, Första AP-fonden, Carl Sundblad, Cliens Fonder, the Nomination Committee also includes the Chairman of the Board, Anders Nielsen.
お知らせ • Aug 16+ 3 more updatesConcentric AB (publ) to Report Q2, 2024 Results on Jul 31, 2024Concentric AB (publ) announced that they will report Q2, 2024 results at 8:00 AM, Central European Standard Time on Jul 31, 2024
お知らせ • Jul 26+ 2 more updatesConcentric AB (publ) to Report Fiscal Year 2023 Results on Feb 07, 2024Concentric AB (publ) announced that they will report fiscal year 2023 results on Feb 07, 2024
お知らせ • May 23+ 1 more updateConcentric AB (Publ) Announces Sales Guidance for the Year 2023Concentric AB (publ) announced financial targets for 2023, the company expects Electrical sales compound annual growth rate of 15% over a business cycle and sales growth of 3% above market indices from base business.
お知らせ • May 04Concentric AB (Publ) Provides Sales Guidance for the Year 2023Concentric AB (publ) provided sales guidance for the year 2023. The company currently estimate sales in the second quarter of 2023 to be similar to the sales performance achieved during the first quarter of 2023.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: kr3.19 (vs kr3.43 in 1Q 2022)First quarter 2023 results: EPS: kr3.19 (down from kr3.43 in 1Q 2022). Revenue: kr1.13b (up 21% from 1Q 2022). Net income: kr121.0m (down 6.9% from 1Q 2022). Profit margin: 11% (down from 14% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 12Upcoming dividend of kr4.00 per share at 1.9% yieldEligible shareholders must have bought the stock before 19 April 2023. Payment date: 25 April 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.0%).
Reported Earnings • Mar 27Full year 2022 earnings releasedFull year 2022 results: Revenue: kr4.06b (up 92% from FY 2021). Net income: kr501.0m (up 48% from FY 2021). Profit margin: 12% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €17.32, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Machinery industry in Germany. Total returns to shareholders of 96% over the past three years.
Reported Earnings • Feb 09Full year 2022 earnings released: EPS: kr13.20 (vs kr8.92 in FY 2021)Full year 2022 results: EPS: kr13.20 (up from kr8.92 in FY 2021). Revenue: kr4.06b (up 92% from FY 2021). Net income: kr501.0m (up 48% from FY 2021). Profit margin: 12% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09+ 1 more updateConcentric AB Provides Sales Guidance for the First Quarter of 2023Concentric AB provides sales guidance for the first quarter of 2023. The company currently estimate sales in the first quarter of 2023 to be similar to the sales performance achieved during the fourth quarter of 2022.
お知らせ • Dec 06+ 1 more updateConcentric AB (publ) to Report Q4, 2022 Results on Feb 08, 2023Concentric AB (publ) announced that they will report Q4, 2022 results at 8:00 AM, Central European Standard Time on Feb 08, 2023
Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: kr3.32 (vs kr2.40 in 3Q 2021)Third quarter 2022 results: EPS: kr3.32 (up from kr2.40 in 3Q 2021). Revenue: kr1.07b (up 107% from 3Q 2021). Net income: kr126.0m (up 39% from 3Q 2021). Profit margin: 12% (down from 18% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: kr3.53 (vs kr2.24 in 2Q 2021)Second quarter 2022 results: EPS: kr3.53 (up from kr2.24 in 2Q 2021). Revenue: kr1.02b (up 116% from 2Q 2021). Net income: kr134.0m (up 58% from 2Q 2021). Profit margin: 13% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 05First quarter 2022 earnings released: EPS: kr3.43 (vs kr1.90 in 1Q 2021)First quarter 2022 results: EPS: kr3.43 (up from kr1.90 in 1Q 2021). Revenue: kr934.0m (up 116% from 1Q 2021). Net income: kr130.0m (up 81% from 1Q 2021). Profit margin: 14% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 29%, compared to a 9.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 15Upcoming dividend of kr3.75 per shareEligible shareholders must have bought the stock before 22 April 2022. Payment date: 28 April 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (2.5%).
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment improved over the past weekAfter last week's 21% share price gain to €20.65, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 19x in the Machinery industry in Germany. Total returns to shareholders of 38% over the past year.
Executive Departure • Oct 01Senior VP and Head of Europe & Rest of the World David Bessant has left the companyOn the 29th of September, David Bessant's tenure as Senior VP and Head of Europe & Rest of the World ended after 3.9 years in the role. As of June 2021, David still personally held 27.60k shares (€480k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.92 years.
Reported Earnings • Jul 22Second quarter 2021 earnings released: EPS kr2.24 (vs kr0.45 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr473.0m (up 38% from 2Q 2020). Net income: kr85.0m (up 400% from 2Q 2020). Profit margin: 18% (up from 5.0% in 2Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • May 06First quarter 2021 earnings released: EPS kr1.90 (vs kr1.59 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr432.0m (down 5.3% from 1Q 2020). Net income: kr72.0m (up 20% from 1Q 2020). Profit margin: 17% (up from 13% in 1Q 2020). The increase in margin was driven by lower expenses.
Executive Departure • Apr 30Independent Director has left the companyOn the 22nd of April, Martin Lundstedt's tenure as Independent Director ended after 9.0 years in the role. We don't have any record of a personal shareholding under Martin's name. A total of 3 executives have left over the last 12 months.
Executive Departure • Apr 30Independent Director has left the companyOn the 22nd of April, Marianne Brismar's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Marianne's name. A total of 3 executives have left over the last 12 months.
Executive Departure • Apr 30Independent Chairman of the Board Kenth Eriksson has left the companyOn the 22nd of April, Kenth Eriksson's tenure in the role of Independent Chairman of the Board ended. As of December 2020, Kenth personally held 50.18k shares (€939k worth at the time). A total of 3 executives have left over the last 12 months.
Upcoming Dividend • Apr 16Upcoming dividend of kr3.50 per shareEligible shareholders must have bought the stock before 23 April 2021. Payment date: 29 April 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%).
Reported Earnings • Apr 03Full year 2020 earnings released: EPS kr5.42 (vs kr8.37 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr1.50b (down 25% from FY 2019). Net income: kr205.0m (down 36% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by lower revenue.
Analyst Estimate Surprise Post Earnings • Feb 11Revenue beats expectationsRevenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 6.7%, compared to a 5.0% growth forecast for the Machinery industry in Germany.
Reported Earnings • Feb 11Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr1.50b (down 25% from FY 2019). Net income: kr205.0m (down 36% from FY 2019). Profit margin: 14% (down from 16% in FY 2019). The decrease in margin was driven by lower revenue.
Is New 90 Day High Low • Jan 21New 90-day high: €19.22The company is up 28% from its price of €14.96 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 15% over the same period.
Is New 90 Day High Low • Dec 31New 90-day high: €18.72The company is up 16% from its price of €16.10 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period.
Is New 90 Day High Low • Dec 10New 90-day high: €16.78The company is up 8.0% from its price of €15.54 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period.
Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS kr1.06The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: kr324.0m (down 30% from 3Q 2019). Net income: kr40.0m (down 38% from 3Q 2019). Profit margin: 12% (down from 14% in 3Q 2019). The decrease in margin was driven by lower revenue.
Analyst Estimate Surprise Post Earnings • Nov 05Revenue misses expectationsRevenue missed analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 1.1% while the growth in Machinery industry in Germany is expected to stay flat.
Is New 90 Day High Low • Oct 29New 90-day low: €14.00The company is down 2.0% from its price of €14.34 on 31 July 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is down 3.0% over the same period.