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INTERIM REPORT JANUARY–MARCH 2014

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Significant reduction in loss – path to profit is clearly marked

  • Significant reduction in loss (earnings after tax), SEK –6.1 million (–14.1 m)
  • Non-recurring costs impacted on earnings by a total of SEK –5.3 million in Q1 including costs for closure of activities in Åmål
  • Operating loss excluding non-recurring costs, SEK –0.6 million (–9.4 m)
  • Savings programme now being implemented will cut annual costs by around SEK 30 million
  • Directed placement of shares with Snowman reinforces collaboration and raises SEK 17.1 million

Q1, January-March 2014, remaining business

  • Net sales amounted to SEK 67.3 million (74.0 m)
  • Operating loss (EBIT) was SEK –5.9 million (–9.4 m)
  • Operating loss excluding non-recurring costs, SEK –0.6 million (–9.4 m)
  • Loss after tax of SEK –6.1 million (–14.1 m)
  • Earnings per share SEK –0.02 (–0.05)

Important events after the end of the period

  • Saxlund wins major bioenergy order in the UK worth around SEK 35 million, commissioning
    to start in 2015

For further information, please contact:

  • Rolf Hasselström, President and CEO: +46 8 466 45 00, +46 70 594 79 60
  • Niklas Johansson, deputy CEO, Investor Relations: +46 8 466 45 11, +46 70 592 54 53
  • Claes Palm, deputy CEO, Chief Financial Officer: +46 8 466 45 00, +46 70 545 04 95

  
The information in this report is such that Opcon is obliged to disclose in accordance with Swedish securities markets law and/or Swedish law on trading in financial instruments. This information was released for publication on Tuesday 6 May 2014, at 15.00 (CET).

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Opcon Q1 2014

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