Strong growth in the first quarter and win of vehicle inspection contract in New York State
January – March 2013
- Sales amounted to SEK 227.4 million (88,6), a sales growth of 156.7 percent
- Operating profit before depreciation (EBITDA) amounted to SEK 24.2 million (8,6) corresponding to an EBITDA margin of 10.6 percent (9.7)
- EBITDA includes non-recurring costs of SEK 2.6 million (0) for acquisition-related costs of Opus Bilprovning
- EBITDA adjusted for non-recurring costs amounted to SEK 26.8 million, representing an EBITDA margin of 11.8 percent
- Cash flow from operating activities amounted to SEK 10.6 million (5.6)
- Profit after tax amounted to SEK 6.2 million (-3,0)
- Earnings per share after dilution amounted to SEK 0.03 (-0.02)
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's Certified Adviser
Thenberg & Kinde Fondkommission AB
Krokslätts parkgata 4
SE-431 24 Mölndal, Sweden
Phone: 46 31 745 50 00
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 Group’s subsidiary Systech operates vehicle inspection programs in the U.S., Bermuda and 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 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’s shares are listed on Nasdaq OMX First North Premier.