Interim Report (January – December 2014)

Strong year with organic and acquisition driven growth in revenues and earnings

January – December 2014

  • Sales amounted to SEK 1,457.6 million (1,047.5), a sales growth of 39.2 percent

  • Operating profit before depreciation (EBITDA) amounted to SEK 246.3 million (141.9), corresponding to an EBITDA margin of 16.8 percent (13.5)

  • EBITDA includes non-recurring costs related to the close down of the British Columbia program of SEK 6,6 million

  • Cash flow from operating activities amounted to SEK 158,5 million (114.5)

  • Profit after tax amounted to SEK 142.1 million (61.3)

  • Earnings per share after dilution amounted to SEK 0.55 (0.23)

  • The Board proposes a dividend of SEK 0.09 (0.06) per share

October – December 2014

  • Sales amounted to SEK 394.5 million (309.3), a sales growth of 27.6 percent

  • Operating profit before depreciation (EBITDA) amounted to SEK 49.4 million (27.7), corresponding to an EBITDA margin of 12.3 percent (9.0)

  • EBITDA includes non-recurring costs related to the close down of the British Columbia program of SEK 6,6 million

  • Cash flow from operating activities amounted to SEK 59.8 million (7.3)

  • Profit after tax amounted to SEK 31.0 million (9.5)

  • Earnings per share after dilution amounted to SEK 0.12 (0.04)

    Mölndal February 19, 2015
    Opus Group AB (publ)

For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se

Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se

About Opus Group

Opus Group is a leading company in vehicle inspection technology and vehicle inspection program operations. The Group has two main business areas which consist of vehicle inspection and equipment. Opus Group is one of the market leaders in vehicle inspection operations in the US and Sweden. Opus Bilprovning has 73 vehicle inspection stations in Sweden. Opus Inspection operates vehicle inspection programs in the U.S., Bermuda, Chile, Peru and Pakistan and is active in sales and service of emission control equipment in North America and Mexico. Through the subsidiaries, Opus Equipment and J&B Maskinteknik, Opus Group conduct production, sales and service of vehicle inspection equipment for vehicle inspection companies and vehicle workshops. Opus Group’s revenues amounted to approx. SEK 1,458 million in 2014. Opus Group’s shares are listed on Nasdaq OMX Stockholm.

FFFS 2007:17 (10 kap 11§) (SFSA rules) - The information in this press release is published in accordance with the rules in the law (2007:528) under the Securities Market Act (2007:528).

About Us

Opus is a technology driven growth company in the vehicle inspection and vehicle services markets. The company has a strong focus on customer service and innovative technology within emission and safety testing and vehicle services. Opus’ plan is to double its revenues to reach USD 400 million in revenues and USD 100 million in EBITDA by 2021. The main growth is estimated to come from the expansion of the vehicle communication and services business and the international expansion of the vehicle inspection business with a primary focus on the Latin American and Asian markets. Opus is headquartered in Gothenburg, Sweden. Opus has 30 regional offices of which 20 are located in the United States and the others in Stockholm, Peru, Chile, Argentina, Australia, Germany (dormant), Mexico and Pakistan. Opus has production facilities in the U.S. in Hartford, Ann Arbor and Tucson. The Opus share is listed on Nasdaq Stockholm.

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