Opus Subsidiary signs New Hampshire emission and safety contract

The State of New Hampshire has awarded a new five-year contract to Opus subsidiary Gordon-Darby in the U.S. to develop, implement, and operate the State Motor Vehicle Inspection Management System.

The New Hampshire Department of Safety, Division of Motor Vehicles, and Gordon-Darby signed a new contract for the Motor Vehicle Inspection Management System covering the state’s emissions and safety testing program. The new contract will be effective January 1, 2020. The five-year contract allows for one additional two-year extension. In addition to the new contract, the state extended the current contract for six months, now ending December 31, 2019.

The decentralized Motor Vehicle Inspection program tests approximately 1.3 million vehicles a year across the state. The program includes an automated OBD inspection and electronic recording of all safety inspection requirements.

Robert Tefft, Gordon-Darby President, said, “We are thankful to the state of New Hampshire for this opportunity to continue our partnership with the State in their efforts to achieve cleaner air and to ensure that vehicles are operating in a safe manner.”

Gordon-Darby has been partnering with the state of New Hampshire since its original launch of the automated inspection program in 2004.

Gothenburg, March 29, 2019
Opus Group AB (publ)

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

Helene Carlson
Director of Corporate Communications & Investor Relations
Tel: +46 765 25 84 93
E-mail: helene.carlson@opus.se

About Opus
Opus is a technology-driven growth company in the vehicle inspection and intelligent vehicle support markets. The company has a strong focus on customer service and innovative technology within emission and safety testing and intelligent vehicle support. Opus had approximately SEK 2.5 billion in revenues in 2018 with solid operating profit and cash flow. Opus’ plan is to reach USD 400 million in revenues and USD 100 million in EBITDA by 2021. The majority of the growth is estimated to come from the international expansion of the vehicle inspection business, with a primary focus on the Latin American and Asian markets, and the expansion of the intelligent vehicle support business. With approximately 2,600 employees, Opus is headquartered in Gothenburg, Sweden. Opus has 34 regional offices, 24 of which are in the United States and the others in Sweden, Argentina, Chile, Mexico, Peru, Pakistan, United Kingdom, Spain and Australia. Opus has production facilities in the U.S. in Hartford, Ann Arbor and Tucson. The shares of Opus Group are 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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