|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.90 - 16.90|
|52 Week Range||11.36 - 16.90|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.46 (2.71%)|
|Ex-Dividend Date||Apr 03, 2019|
|1y Target Est||N/A|
Concentric AB has been awarded a contract to supply electrically driven and controlled coolant pumps to a global OEM of trucks and buses. The pump will be used for thermal management of the batteries and power electronics on their new range of mid-size electric trucks.
Underlying sales development: Underlying Group sales for the third quarter were down y-o-y by -19% and by -7% y-o-y for the first nine months, when excluding the effect of the previously announced decision by a global OEM customer to dual source components during 2019.
SKÅNES FAGERHULT, Sweden, Oct. 25, 2019 /PRNewswire/ -- Concentric AB has won an order to develop and supply coolant pumps with integral electronic motor drive and intelligent control systems to a leading global OEM for their new energy storage products. Lithium battery storage requires precise control of the unit's temperature to optimise the careful balance between efficiency and longevity of the power packs. The commercial and utility energy storage industry is a new end-market for Concentric and one that is projected to have rapid growth over the coming years as battery storage transforms the global electric grid and becomes an increasingly important element of the world's transition to sustainable energy.
The members of the Nomination Committee for the Concentric Annual General Meeting 2020 have been appointed SKÅNES FAGERHULT, Sweden , Oct. 23, 2019 /PRNewswire/ -- The AGM 2019 in Concentric AB resolved ...
While Concentric AB (publ) (STO:COIC) shareholders are probably generally happy, the stock hasn't had particularly...
Underlying sales development: Underlying Group sales, both for the second quarter and the first six months, were constant when excluding the effect of the previously announced decision by a global OEM customer to dual source components during 2019.
SKÅNES FAGERHULT, Sweden, June 13, 2019 /PRNewswire/ -- Under the authorisation from the annual general meeting 2019, the board of Concentric AB (publ) ("Concentric") has decided to buy back own shares on Nasdaq Stockholm. The repurchases are made on the purposes determined by the annual general meeting, i.e.
Group sales for the first quarter were down year-on-year by 12% in constant currency reflecting the decision by a customer, a global OEM, to dual source components during 2019 and is broadly in line with previous guidance. Excluding sales to the global OEM from both periods, group sales were constant for the first quarter year-on-year.
SKÅNES FAGERHULT, Sweden, May 3, 2019 /PRNewswire/ -- Concentric AB today announces it has won five electro-hydraulic steering systems contracts worth an estimated total of EUR 9 million (SEK 94 million) over five years. While these platforms currently constitute a small niche, local city regulation will drive increased demand for electric commercial vehicles going forward and these nominations are strategically important in a segment expected to present exciting long-term growth opportunities. Paris, Madrid, Athens and Mexico City have all announced that they will ban the use of all new vehicles run on diesel by 2025 and numerous other cities will introduce electric buses by 2025.
SKÅNES FAGERHULT, Sweden , April 30, 2019 /PRNewswire/ -- The total number of registerred shares and votes in the company at 1 January 2019 was 40,031,100. On 4 April 2019, the AGM resolved to retire 807,000 ...
SKÅNES FAGERHULT, Sweden, April 18, 2019 /PRNewswire/ -- The annual general meeting in Concentric on 4 April 2019 resolved to transfer up to 120,200 shares to an Employee Share Ownership Trust ("ESOT") as a part of a Joint Share Ownership Plan ("JSOP") under LTI 2019. In accordance with the annual general meeting's resolution and the terms of LTI 2019, the board of Concentric has on 18 April 2019 executed the transfer in regards to 112,680 shares. The shares were transferred to the ESOT free of charge.
SKÅNES FAGERHULT, Sweden , Feb. 6, 2019 /PRNewswire/ -- The Nomination Committee proposes that the Board shall be composed of eight directors elected at the AGM, with no alternates, for the period until ...
SKÅNES FAGERHULT, Sweden, Jan. 28, 2019 /PRNewswire/ -- Alfdex AB, a 50/50 joint venture between Alfa Laval and Concentric, today announces that it will expand its manufacturing unit in China during the first half of 2019 to capture the demand driven by the Chinese action plan to improve their air quality, called the "Blue Sky Action plan". The Chinese air quality plan covers many emission sources, where heavy duty trucks is one important subset. The China-6 regulation will be effective in China's largest cities as of July 1, 2019 and this is expected to result in the replacement of one million heavy duty trucks.