Interim Report (January – June 2013)


Strong revenue and margin growth in the second quarter

January – June 2013

  • Sales amounted to SEK 483.7 million (188.9), a sales growth of 156.1 percent
  • Operating profit before depreciation (EBITDA) amounted to SEK 70.4 million (12.1), corresponding to an EBITDA margin of 14.6 percent (6.4)
  • EBITDA includes net non-recurring costs of SEK -3.0 million
  • Cash flow from operating activities amounted to SEK 38.5 million (14.2)
  • Profit after tax amounted to SEK 27.6 million (3,5)
  • Earnings per share after dilution amounted to SEK 0.12 (0.02)

April – June 2013

  • Sales amounted to SEK 256.3 million (100.3), a sales growth of 155.6 percent
  • Operating profit before depreciation (EBITDA) amounted to SEK 46.2 million (3.5), corresponding to an EBITDA margin of 18.0 percent (3.5)
  • EBITDA includes net non-recurring costs of SEK -0.4 million
  • Cash flow from operating activities amounted to SEK 27.9 million (8.6)
  • Profit after tax amounted to SEK 21.4 million (6.5)

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

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 70 vehicle inspection stations in Sweden. Opus Inspection operates vehicle inspection programs in the U.S., Bermuda and Peru 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 conducts production, sales and service of emission control equipment for vehicle inspection companies and vehicle workshops. Opus Groups revenues amounted to approx. SEK 469 million in 2012. Opus Group AB is listed on Nasdaq OMX Stockholm.

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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