Generic Sweden Interim Report January–June 2020
August 21, 2020
Interim Report: January 1 – June 30, 2020
Generic Sweden AB (publ)
Second Quarter of 2020 (compared with the same period last year)
- Net sales increased by 20% to 20.2 MSEK (16.9 MSEK).
- Operating profit (EBIT) improved by 46% to 3.5 MSEK (2.4 MSEK).
- Earnings per share amounted to SEK 0.22 (SEK 0.16).
- Cash flow from operating activities amounted to 2.1 MSEK (1.1 MSEK).
January–June 2020 (compared with the same period last year)
- Net sales totaled 38.5 MSEK (33.5 MSEK).
- Operating income (EBIT) amounted to 6.2 MSEK (4.8 MSEK).
- Earnings per share amounted to SEK 0.39 (SEK 0.31).
- Cash flow from operating activities amounted to 4.1 MSEK (3.4 MSEK).
Note
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 8:00 a.m. on August 21, 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 that meets the highest standards for 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 |