Acquisition of Envirotest completed and good volume and margin growth in the
quarter
January – March 2014
Sales amounted to SEK 297,8 million (227.4), a sales growth of 30.8 percent
Operating profit before depreciation (EBITDA) amounted to SEK 45.4 million
(24.2), corresponding to an EBITDA margin of 15.2 percent (10.6)
Cash flow from operating activities amounted to SEK -19.3 million (10.6). The
negative cash flow is due to a temporary change in working capital.
Profit after tax amounted to SEK 16.7 million (6.2)
Earnings per share after dilution amounted to SEK 0.06 (0.03)
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
About Opus Group
Opus Group is a leading company in vehicle inspection technology and vehicle
inspection program operations. The Group has two main business areas which are
vehicle inspection and equipment. Opus Group is one of the market leaders in
vehicle inspection operations in the US and Sweden. Opus Bilprovning has 73
vehicle inspection stations in Sweden. Opus Inspection operates vehicle
inspection programs in the U.S., Bermuda, and Peru and 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 vehicle inspection equipment for vehicle
inspection companies and vehicle workshops. Opus Group’s revenues amounted to
approximately SEK 1,047 million in 2013. Opus Group’s shares are listed on
Nasdaq OMX Stockholm.
FFFS 2007:17 (10 kap 11§) (SFSA rules) - The information in this press release
is published in accordance with the rules in the law (2007:528) under the
Securities Market Act (2007:528).
