Concentric AB (LTS:0P4X) Research & Development : kr99 Mil (TTM As of Mar. 2024)

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What is Concentric AB Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Concentric AB's Research & Development for the three months ended in Mar. 2024 was kr25 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was kr99 Mil.

Concentric AB Research & Development Historical Data

The historical data trend for Concentric AB's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Concentric AB Research & Development Chart

Concentric AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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46.00

28.00

37.00

91.00

95.00

Concentric AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															21.00	27.00	24.00	23.00	25.00

Concentric AB Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr99 Mil.

Concentric AB (LTS:0P4X) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Concentric AB Research & Development Related Terms

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Concentric AB (LTS:0P4X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Concentric AB (LTS:0P4X) » Definitions » Research & Development

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COIC:Sweden 2DN:Germany

Address

PO Box 5058, Stockholm, SWE, 102 42

Website

http://www.concentricab.com

Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

Concentric AB (LTS:0P4X) Headlines

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