Opus Group’s subsidiary Opus Equipment receives order from BMW
Opus Equipment AB has received an order from BMW of electronic driver log systems of the brand Triplog. The order value amounts to approximately one million euro.
Opus Equipment conducts annual deliveries of electronic driver log systems to BMW. The orders are renewed each year when the price and delivery volumes are regulated. The order that Opus Equipment now receives implies that the delivery volumes to BMW are approximately fivefolded. The strong sales increase is due to changes in routines of Bundesministerium der Finanzen in Berlin.
The whole sales volume of this order will be delivered during the first six months of 2013. The first delivery will take place in week 5.
”It is gratifying for us that the sales volume of our electronic driver log systems to BMW rises sharply. We have for a long time seen a great potential for sales of these systems in Germany due to the German tax laws and we still see good prospects for further sales growth,” says Jörgen Hentschel, CEO of Opus Equipment AB.
Gothenburg, Sweden, January 18, 2013
Opus Group AB (publ)
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Opus Group operates vehicle inspection programs and develops, manufactures and sells equipment and IT systems to the vehicle inspection industry. Opus Bilprovning is a subsidiary within vehicle inspection and has 70 vehicle inspection stations in Sweden. Opus Group’s subsidiary Systech operates vehicle inspection programs in the U.S., in Bermuda and in Peru. Opus Group’s subsidiary ESP is active in sales and service of emission control equipment in North America and Mexico. Through the subsidiaries, Opus Equipment, Opus Bima and J&B Maskinteknik, Opus Group conducts production, sales and service of emission control equipment for vehicle inspection companies and vehicle workshops. In July 2012, Opus Group signed an agreement with Bilprovningen to acquire a third of Bilprovningen’s business. Opus Groups revenues amounted to approx. SEK 232 million in 2011. The 2011 pro forma revenues amounted to approx. SEK 953 million. Opus Group’s shares are listed on Nasdaq OMX First North Premier.