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Generic Sweden AB Interim Financial Statements January–June 2016

August 19, 2016

Interim Report: January 1 – June 30, 2016

Generic Sweden AB (publ)

Second Quarter of 2016

  • Net sales totaled 27.0 MSEK (28.9 MSEK).
  • Operating income amounted to 1.7 MSEK (1.6 MSEK).
  • Profit after tax amounted to 1.4 MSEK (1.6 MSEK).
  • Earnings per share amounted to SEK 0.12 (SEK 0.13).
  • Cash flow from operating activities amounted to 0.0 MSEK (0.0 MSEK).

January–June 2016

  • Net sales amounted to 53.2 MSEK (56.9 MSEK).
  • Operating income amounted to 3.2 MSEK (3.2 MSEK).
  • Profit after tax amounted to 2.7 MSEK (3.1 MSEK).
  • Earnings per share amounted to SEK 0.22 (SEK 0.25).
  • Cash flow from operating activities amounted to 4.5 MSEK (4.8 MSEK).

 

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 110 million in 2015 and has just over 70 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. Additional information about the company is available at www.generic.se.

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