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Generic Sweden AB 2018 Year-End Report

February 14, 2019

2018 Year-End Report

Generic Sweden AB (publ)



Fourth Quarter of 2018 (compared with the same period the previous year)

  • Net sales amounted to 16.6 MSEK (15.3 MSEK).
  • Operating income amounted to 2.3 MSEK (2.7 MSEK).
  • Profit after tax amounted to 1.7 MSEK (2.1 MSEK).
  • Income from discontinued consulting operations: 0 MSEK (-0.3 MSEK).
  • Comprehensive income for the period amounted to 1.7 MSEK (1.9 MSEK).
  • Earnings per share amounted to SEK 0.14 (SEK 0.15).
  • Cash flow from operating activities amounted to 4.4 MSEK (-1.2 MSEK).

January–December 2018 (compared with the same period the previous year)

  • Net sales totaled 60.0 MSEK (52.8 MSEK).
  • Operating income amounted to 8.6 MSEK (4.9 MSEK).
  • Profit after tax amounted to 6.7 MSEK (4.1 MSEK).
  • Income from discontinued consulting operations: -0.3 MSEK (-11.0 MSEK).
  • Total comprehensive income for the period amounted to 6.4 MSEK (-6.9 MSEK).
  • Earnings per share amounted to SEK 0.52 (SEK -0.56).
  • Cash flow from operating activities amounted to 12.6 MSEK (0.7 MSEK).
  • Proposed dividend: 0.80 SEK per share (of which 0.50 SEK is a one-time dividend).      

                  


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 5:00 p.m. on February 14, 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 within the Minicall and Messaging product areas. The telecommunications business generated revenue of approximately SEK 60 million in 2018 and has 16 employees. The stock is traded on NASDAQ First North under the ticker symbol GENI. Mangold Fondkommission is the company’s Certified Adviser; ca@mangold.se.Ytterligare. Information about the company is available at www.generic.se.

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