Opus Group: 20.7 percent EBITDA earnings growth in the quarter

Regulatory News:

January – March 2016

Sales amounted to SEK 395.1 million (400.8), a decrease of 1.4 percent before adjustments for acquired and divested businesses. Adjusted for the acquisition of Drew Tech and the divestment of Opus Equipment the revenue growth amounted to 4.1 percent.

Operating profit before depreciation (EBITDA) amounted to SEK 61.4 million (50.9), corresponding to an EBITDA margin of 15.5 percent (12.7).

Cash flow from operating activities amounted to SEK 9.0 million (30.6).

Net financial income/expense include foreign exchange differences of SEK -8.0 million (54.2).

Profit for the period amounted to SEK 2.1 million (41.6).

Earnings per share after dilution amounted to SEK 0.01 (0.16).

Notable events after the end of the period

The Traffic Committee states that the government should not incorporate the EU directive under the Transport Agency’s proposal

All political parties supported the writing of the traffic committee that Sweden should not adjust the inspection interval according to the minimum requirement in the EU directive

Opus Group is a leading innovative technology focused growth company in the vehicle inspection market. The company has a strong focus on customer service and innovative technology within IT, emission testing and vehicle communication. The Group had SEK 1,650 million in revenues in 2015 with strong operating cash flow and good operating profitability.With over 1,500 employees, Opus Group is headquartered in Mölndal in the Gothenburg region of Sweden and has 25 regional offices, 20 in the United States and the others in Stockholm, Peru, Chile, Mexico and Pakistan. Opus Group has production facilities in the U.S. in Hartford and Ann Arbor. The Opus Group share is listed on Nasdaq Stockholm.

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