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Generic Sweden AB Quarterly Report Jan–Sep 2018

November 15, 2018

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

  • Net sales rose to 14.1 MSEK (12.2 MSEK).
  • Operating income increased to 2.7 MSEK (1.3 MSEK).
  • Profit after tax amounted to 2.2 MSEK (1.2 MSEK).
  • Profit from discontinued consulting operations is 0 MSEK (-1.9 MSEK).
  • Total comprehensive income for the period amounted to 2.2 MSEK (-0.6 MSEK).
  • Earnings per share amounted to 0.18 SEK (-0.05 SEK).
  • Cash flow from operating activities amounted to 3.5 MSEK (2.0 MSEK).

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

  • Net sales totaled 43.4 MSEK (37.5 MSEK).
  • Operating income amounted to 6.2 MSEK (2.2 MSEK).
  • Profit after tax amounted to 5.0 MSEK (1.9 MSEK).
  • Income from discontinued consulting operations was SEK -0.3 million (SEK -10.7 million).
  • Total comprehensive income for the period amounted to 4.7 MSEK (-8.8 MSEK).
  • Earnings per share amounted to SEK 0.38 (SEK -0.71).
  • Cash flow from operating activities amounted to 8.1 MSEK (1.9 MSEK).

 

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 November 15, 2018.

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 First North under the ticker symbol GENI. Mangold Fondkommission is the company’s Certified Adviser. Additional information about the company is available at www.generic.se.

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