Skip to content

Generic Sweden AB Interim Report January–June 2017

August 18, 2017

Interim Report: January 1 – June 30, 2017

Generic Sweden AB (publ)

Second Quarter of 2017 – Continuing Operations, Comparable Figures

  • Net sales amounted to 12.8 MSEK (12.9 MSEK).
  • Operating income amounted to 0.3 MSEK (0.9 MSEK).
  • Profit after tax amounted to 0.3 MSEK (0.6 MSEK).
  • Income from discontinued consulting operations: SEK -8.8 million.
  • Comprehensive income for the period amounted to -8.6 MSEK (1.4 MSEK).
  • Earnings per share amounted to –0.70 SEK (0.12 SEK).
  • Cash flow for the period amounted to -0.1 MSEK (-5.3 MSEK).

January–June 2017 – Continuing operations, comparable figures

  • Net sales amounted to 25.3 MSEK (25.7 MSEK).
  • Operating income amounted to 0.9 MSEK (2.0 MSEK).
  • Profit after tax amounted to 0.7 MSEK (1.3 MSEK).
  • Income from discontinued consulting operations – SEK 8.8 million.
  • Comprehensive income for the period amounted to –8.1 MSEK (2.7 MSEK).
  • Earnings per share amounted to –0.66 SEK (0.22 SEK).
  • Cash flow for the period amounted to 2.3 MSEK (-1.4 MSEK).

 

Note

This information is required to be disclosed by Generic Sweden under the Securities Market Act. The information was submitted for publication at 8:00 a.m. on August 18, 2017. 

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

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 division is a specialized telecom operator with its own network for critical communications. Services and products are offered within the Minicall and Messit product areas. The telecommunications business generated revenue of approximately SEK 50 million in 2016 and has 16 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.

Attachments
Press Release

Release
SHARE WITH US!