Generics Interim Report: January–March 2017
May 11, 2017
Interim Report: January 1 – March 31, 2017
Generic Sweden AB (publ)
First Quarter of 2017 (compared with the same period last year)
- Net sales amounted to 26.1 MSEK (26.2 MSEK).
- Operating income amounted to 1.2 MSEK (1.6 MSEK).
- Profit after tax amounted to 1.0 MSEK (1.3 MSEK).
- Earnings per share amounted to SEK 0.08 (SEK 0.11).
- Cash flow from operating activities amounted to 3.1 MSEK (4.5 MSEK).
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 disclosure at 4:00 p.m. on May 11, 2017.
| Generic Generic Sweden AB is engaged in consulting and telecommunications operations with a focus on critical communications in areas where extremely high reliability is required. The consulting division provides services and solutions for command and communication systems to the defense sector, government agencies, and industry. The telecommunications division is a specialized telecom operator that operates its own radio network and offers messaging services for critical situations under the Minicall and Messit brands. The Group generated revenue of SEK 103 million in 2016 and has approximately 60 employees. The stock is traded on NASDAQ OMX First North Premier under the ticker symbol GENI. Remium Nordic AB is the company’s Certified Adviser. Further information about the company is available at www.generic.se |