Business
GENI: Net sales rose 9.1% with robust digitalization growth, but cash flow turned negative on higher receivables
GENI: Net sales rose 9.1% with robust digitalization growth, but cash flow turned negative on higher receivables
About this update from Generic Sweden Ab
Net sales grew 9.1% year-over-year to 48.9 MSEK, with stable EBIT and strong digitalization segment growth. Cash flow from operations turned negative due to higher receivables, while liquidity and equity improved. Leadership changes and ongoing investments are expected to impact near-term profitability.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.