Skip to content

Generic Sweden AB January–March 2019

May 15, 2019

Interim Report: January 1 – March 31, 2019

Generic Sweden AB (publ)

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

  • Net sales amounted to 16.6 MSEK (15.1 MSEK).
  • Operating income amounted to 2.4 MSEK (1.7 MSEK).
  • Profit after tax amounted to 1.9 MSEK (1.3 MSEK).
  • Net income for the period: 1.9 MSEK (1.3 MSEK).
  • Earnings per share amounted to 0.15 SEK (0.10 SEK).
  • Cash flow from operating activities amounted to 2.3 million SEK (2.1 million SEK).
  • Change in accounting standard from IFRS to K3 effective January 1, 2019.
  • Figures for 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 submitted for disclosure by Anders Hansson at 5:00 p.m. on May 15, 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 16 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.

Attachments
Press Release

Release
SHARE WITH US!