Generic Sweden AB Q1 2020
May 13, 2020
Interim Report: January 1 – March 31, 2020
Generic Sweden AB (publ)
January–March 2020 (compared with the same period last year)
- Net sales increased to 18.3 MSEK (16.6 MSEK)
- Operating income (EBIT) increased to 2.7 MSEK (2.4 MSEK)
- Earnings per share amounted to SEK 0.17 (SEK 0.15)
- Cash flow from operating activities amounted to 2.0 MSEK (2.3 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 May 13, 2020.
Generic is a technology company that operates in the field of messaging services across all sectors. Generic offers a platform for digital communication services that can be integrated into customers’ internal or external communication flows. The services are provided through a CPaaS (Communication Platform as a Service) model with the highest standards of security and reliability. Generic’s customers span all sectors, with a particular focus on alarm and security, healthcare and
e-health, as well as e-commerce and logistics. The company was founded in 1993 and is headquartered in Stockholm. Generic reported revenue of approximately 70 MSEK in 2019 and has 18 employees. The stock is traded on the NASDAQ First North Growth Market under the ticker symbol GENI. Mangold Fondkommission AB is the company’s Certified Adviser. 08/503 015 50. ca@mangold.se. Reference is made to www.generic.se/finansiellarapporter. Additional information about the company is available at www.generic.se