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Year-End Report 2019 Generic Sweden AB

February 13, 2020

2019 Year-End Report

Generic Sweden AB (publ)

 

 

Fourth Quarter of 2019 (compared with the same period the previous year)

  • Net sales increased by 12% to 18.6 MSEK (16.6 MSEK)
  • Operating profit (EBIT) amounted to SEK 2.4 million (SEK 2.2 million)
  • Earnings per share amounted to SEK 0.15 (SEK 0.13)
  • Cash flow from operating activities amounted to 2.4 MSEK (4.3 MSEK)

January–December 2019 (compared with the same period the previous year)

  • Net sales increased by 16% to 69.3 MSEK (60.0 MSEK)
  • Operating profit (EBIT) improved to SEK 11.2 million (SEK 7.7 million)
  • Earnings per share amounted to SEK 0.72 (SEK 0.48)
  • Cash flow from operating activities amounted to 8.6 MSEK (12.4 MSEK)
  • Proposed dividend: 0.80 SEK per share (of which 0.50 SEK is a one-time dividend)
  • Change in accounting standard from IFRS to K3 as of January 1, 2019. Figures for the prior years have been adjusted     

                  

 

Generic Sweden AB (publ) is required to disclose this information in accordance with the EU Market Abuse Regulation. The information was submitted for publication by Anders Hansson at 8:00 a.m. on February 13, 2020.

Generic is a technology company that operates in the field of messaging services across all sectors. Generic offers a platform for digital communication services that can be integrated into customers’ internal or external communication flows. The services are provided through a CPaaS (Communication Platform as a Service) model with the highest standards of security and reliability. Generic’s customers span all sectors, with a particular focus on alarm and security, healthcare and
e-health, as well as e-commerce and logistics. The company was founded in 1993 and is headquartered in Stockholm. Generic reported revenue of approximately 70 MSEK in 2019 and has 18 employees. The stock is traded on NASDAQ OMX First North under the ticker symbol GENI. Mangold Fondkommission AB is the company’s Certified Adviser. 08/503 015 50. ca@mangold.se. Reference is made to www.generic.se/finansiellarapporter. Additional information about the company is available at www.generic.se

Generic Sweden AB is a technology company that operates in the field of messaging services across all sectors. Generic offers a platform for digital communication services that can be integrated into customers’ internal or external communication flows. The services are provided through a CPaaS (Communication Platform as a Service) model that meets the highest standards for security and reliability. Generic’s customers span all sectors, with a particular focus on alarm and security, healthcare and e-health, as well as e-commerce and logistics. The company was founded in 1993 and is headquartered in Stockholm. The company generated revenue of approximately SEK 70 million in 2019 and has 18 employees. The stock is traded on NASDAQ OMX First North under the ticker symbol GENI. Mangold Fondkommission AB is the company’s Certified Adviser. 08/503 015 50. ca@mangold.se. Additional information about the company is available at www.generic.se. Please refer to www.generic.se/finansiella-rapporter. 

 

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