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Interim Report January–June 2019 Generic Sweden AB

August 23, 2019

Second Quarter of 2019 (compared with the same period last year)

  • Net sales amounted to 16.9 MSEK (14.3 MSEK).
  • Operating income amounted to 2.4 MSEK (1.3 MSEK).
  • Profit before taxes amounted to 2.4 MSEK (1.3 MSEK).
  • Net income for the period amounted to 1.9 MSEK (1.0 MSEK).
  • Earnings per share amounted to SEK 0.16 (SEK 0.08).
  • Cash flow from operating activities amounted to 1.1 MSEK (2.5 MSEK).

January–June 2019 (compared with the same period last year)

  • Net sales amounted to 33.5 MSEK (29.3 MSEK).
  • Operating income amounted to 4.8 MSEK (2.9 MSEK).
  • Profit before taxes amounted to 4.9 MSEK (3.0 MSEK).
  • Net income for the period amounted to 3.8 MSEK (2.3 MSEK).
  • Earnings per share amounted to SEK 0.31 (SEK 0.18).
  • Cash flow from operating activities amounted to 3.4 MSEK (4.6 MSEK).
  • Change in accounting standard from IFRS to K3 effective January 1, 2019. Figures in

The comparison years have been adjusted.

 

Note

Generic Sweden AB (publ) is required to disclose this information in accordance with the EU Market Abuse Regulation.

The information was provided by Anders Hansson for publication at 8:00 a.m. on August 23, 2019. 

Generic Sweden AB (publ) was founded in 1993 and is today a pure-play telecommunications company specializing in alarm, SMS, and fax services with the highest level of reliability. The telecommunications business is a specialized telecom operator with its own network for critical communications. Services and products are offered in the Minicall and Messaging product areas. The telecommunications business generated revenue of approximately SEK 60 million in 2018 and has 18 employees. The stock is traded on NASDAQ First North under the ticker symbol GENI. Mangold Fondkommission is the company’s Certified Adviser; phone number 08/50301550, ca@mangold.se.Ytterligare. Information about the company is available at www.generic.se.

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