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Generic Sweden AB 2016 Year-End Report

February 17, 2017

2016 Year-End Report

Generic Sweden AB (publ)



Fourth Quarter of 2016 (compared with the same period the previous year)

  • Net sales amounted to 26.7 MSEK (29.0 MSEK).
  • Operating income amounted to 2.2 MSEK (1.9 MSEK).
  • Profit after tax amounted to 1.4 MSEK (1.4 MSEK).
  • Total comprehensive income for the period amounted to 3.2 MSEK (1.4 MSEK).
  • Earnings per share amounted to 0.26 SEK (0.11 SEK).
  • Cash flow from operating activities amounted to -1.1 MSEK (-0.4 MSEK).

January–December 2016 (compared with the same period the previous year)

  • Net sales amounted to 102.7 MSEK (109.6 MSEK).
  • Operating income amounted to 7.5 MSEK (6.8 MSEK).
  • Profit after tax amounted to 5.5 MSEK (5.3 MSEK).
  • Total comprehensive income for the period amounted to 7.3 MSEK (5.3 MSEK).
  • Earnings per share amounted to SEK 0.59 (SEK 0.43).
  • Cash flow from operating activities amounted to 6.8 MSEK (7.7 MSEK).
  • Proposed dividend: 0.30 SEK per share (0.30 SEK per share).

 


This information is information that Generic Sweden AB is required to disclose in accordance with EU market—

the Regulation on Market Abuse and the Securities Market Act.

Generic Generic Sweden AB is engaged in consulting and telecommunications operations with a focus on critical communications in areas where extremely high reliability is required. The consulting division provides services and solutions for command and communication systems to the defense sector, government agencies, and industry. The telecommunications division is a specialized telecom operator that operates its own radio network and offers messaging services for critical situations under the Minicall and Messit brands. The group has revenue of SEK 100 million and 60 employees. The stock is traded on NASDAQ OMX First North Premier under the ticker symbol GENI. Remium Nordic AB is the company’s Certified Advisor. Further information about the company is available at www.generic.se

Phone: 08-601 38 00 Email: fredrik.svedberg@generic.se

Generic Sweden AB (publ) operates in the consulting and telecommunications sectors, focusing on critical communications in areas where extremely high reliability is required. The consulting division provides services and solutions for command and communication systems to the defense sector, government agencies, and industry. The telecommunications division is a specialized telecom operator that operates its own radio network and offers messaging services for critical situations under the Minicall and Messit brands. The Group generated revenue of SEK 103 million in 2016 and has 60 employees. The stock is traded on NASDAQ OMX First North Premier under the ticker symbol GENI. Remium Nordic AB is the company’s Certified Adviser. Further information about the company is available at www.generic.se.

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