Detail akcie Concentric online

Business Summary: Concentric AB is a Sweden-based hydraulics technology company active primarily in the heavy vehicles sector. It is engaged in the development, manufacture and marketing of oil pumps, water pumps, fuel pumps and hydraulic systems, and its products are divided into two product lines, namely Engine products and Hydraulic products. Its customers are the manufacturers of trucks, construction equipment, agricultural machinery and general industrial applications. Its products are primarily sold in the United States. The Company's subsidiaries include Licos Trucktec GmbH (Licos), a producer of water pumps and electromagnetic fan clutches for the truck industry, and GKN Sinter Metals de Argentina SA (GKN Pumps), a supplier of engine pumps in South America.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Concentric AB revenues increased 4% to SEK4.21B. Net income decreased 17% to SEK417M. Revenues reflect Engines segment increase of 6% to SEK2.86B, USA segment increase of 7% to SEK2.58B, Rest of Europe segment increase of 5% to SEK483M, Sweden segment increase of 13% to SEK131M. Net income was offset by Hydraulics segment income decrease of 27% to SEK175M.