Opus Group publishes the annual report for 2016

Today, Opus Group publishes its annual report for 2016. In connection with this, the company’s board of di­rectors has adopted new financial targets. The new financial targets to be achieved in the fiscal year 2021 are: revenue of 400 MSUD and EBITDA margin of 25%. The company’s financial target of net debt / EBITDA of 3.0 over a 12-month period remains unchanged.

Opus Group’s annual report for 2016 is available in Swedish at the company’s web page www.opus.se . An English version can be ordered via ir@opus.se .

Opus is a leading vehicle inspection and vehicle services company headquartered in Sweden, with operations in Europe, North and South America and Asia.

Mölndal, April 21, 2017
Opus Group AB (publ)

For additional information, please contact:
Lothar Geilen, CEO
Tel: +46 31 748 34 00
E-mail: lothar.geilen@opusinspection.com

or:

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

Opus Group is a technology driven growth company in the vehicle inspection market. The company has a strong focus on customer service and innovative technology within IT, emission testing and vehicle communication. The Group had SEK 1,697 million in revenues in 2016 with strong operating cash flow and good operating profitability. With close to 1,700 employees, Opus Group is headquartered in Mölndal in the Gothenburg region of Sweden and has 26 regional offices, 20 in the United States and the others in Stockholm, Argentina, Peru, Chile, Mexico and Pakistan. Opus Group has production facilities in the U.S. in Hartford and Ann Arbor. The Opus Group share is listed on Nasdaq 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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