Concentric AB

Equities

COIC

SE0003950864

Industrial Machinery & Equipment

Market Closed - Nasdaq Stockholm Other stock markets 11:29:41 2024-05-24 am EDT			5-day change	1st Jan Change
214.5 ^SEK	+4.13%		+1.18%	+19.43%

May. 21	Concentric Receives Customer Warranty Claim for Water Pump Manufacturing Defect	MT
May. 08	Transcript : Concentric AB, Q1 2024 Earnings Call, May 08, 2024

Concentric AB Provides Sales Guidance for the Second Quarter of 2024

May 08, 2024 at 02:00 am EDT

Concentric 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.

Latest news about Concentric AB

Concentric Receives Customer Warranty Claim for Water Pump Manufacturing Defect	May. 21	MT
Transcript : Concentric AB, Q1 2024 Earnings Call, May 08, 2024	May. 08
Concentric AB Provides Sales Guidance for the Second Quarter of 2024	May. 08	CI
Concentric AB Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 08	CI
Concentric AB Approves Election of Frida Norrbom Sams and Mark Williamson as Board Members	Apr. 18	CI
Concentric AB Approves Dividend, Payable on April 25, 2024	Apr. 18	CI
Concentric AB Announces Retirement of Susanna Schneeberger as Board Member	Feb. 15	CI
Transcript : Concentric AB, Q4 2023 Earnings Call, Feb 07, 2024	Feb. 07
Tranche Update on Concentric AB (OM:COIC)'s Equity Buyback Plan announced on July 31, 2023.	Feb. 07	CI
Concentric AB Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 07	CI
Concentric AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 07	CI
Concentric AB Proposes Dividend for the Financial Year 2023	Feb. 07	CI
Concentric to Supply E-Fans, Pumps to New US Customer	Feb. 06	MT
OEM Customer Selects Concentric AB for an Important Business Opportunity	Feb. 06	CI
Concentric Secures First Data Center Cooling Deal with Major Global OEM	Jan. 29	MT
Concentric AB Appoints Dr. Roger Ingemey as Senior Vice President Hydraulics Division, Effective on February 1, 2024	Jan. 10	CI
Sweden's Concentric Wins SEK2.1 Million Order for Electric Water Pump	Nov. 13	MT
Concentric AB Secures an Order for its 600W Electric Water Pump from a Global Bus OEM	Nov. 13	CI
Transcript : Concentric AB, Q3 2023 Earnings Call, Nov 08, 2023	Nov. 08
Tranche Update on Concentric AB (OM:COIC)'s Equity Buyback Plan announced on July 31, 2023.	Nov. 08	CI
Concentric AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 08	CI
Ginkgo Bioworks, XWELL Expand CDC Program Partnership to Test for More Than 30 Pathogens	Nov. 06	MT
US CDC to expand surveillance of travelers for respiratory viruses	Nov. 06	RE
Concentric Wins SEK70 Million Order for Electric Coolant Pump in India	Nov. 03	MT
Concentric AB wins important electric coolant pump nomination from a leading commercial vehicle OEM in India	Nov. 03	CI

Chart Concentric AB

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Company Profile

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.

Sector

Industrial Machinery & Equipment

Calendar

2024-07-31 - Q2 2024 Earnings Release

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Ratings for Concentric AB

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

214.5 SEK

Average target price

275 SEK

Spread / Average Target

+28.21%

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