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Generic Sweden AB January–March 2018

May 15, 2018

Interim Report: January 1 – March 31, 2018

Generic Sweden AB (publ)

First Quarter of 2018 (compared with the same period last year)

  • Net sales amounted to 15.1 MSEK (12.5 MSEK).
  • Operating income amounted to 2.0 MSEK (0.6 MSEK).
  • Profit after tax amounted to 1.5 MSEK (0.5 MSEK).
  • Income from discontinued operations: SEK -0.1 million (SEK 0.5 million).
  • Total comprehensive income for the period: 1.4 MSEK (1.0 MSEK).
  • Earnings per share amounted to SEK 0.11 (SEK 0.08).
  • Cash flow from operating activities amounted to 2.1 million SEK (3.1 million SEK).

Note

This information is required to be disclosed by Generic Sweden pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 4:00 p.m. on May 15, 2018. 

Jonas Jegerborn, President and CEO

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 2017 and has 15 employees. The stock is traded on NASDAQ OMX First North under the ticker symbol GENI. Remium Nordic Holding AB is the company’s Certified Advisor. Additional information about the company is available at www.generic.se.

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