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Option NV (OPIN.BR)

OPIN.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Option sells Innolumis; announces management changes
Tuesday, 22 Nov 2016 04:02am EST 

Option NV : Announces sale of Innolumis Public Lighting BV and Public Lighting BV . Sale of Innolumis strengthens co's cash position and enables focus on core competencies . Transaction provides opportunity to continue to operate in going concern mode moving into 2017 . As part of agreement Option will continue to bring its engineering expertise to Innolumis on a contractual basis . Jan Callewaert has asked Board of Directors to be relieved of his function of Executive Chairman of Board to become full-time CEO . Board has appointed Jan Callewaert as CEO .Board has appointed Francis Vanderhoydonck - current member of Board - as interim Chairman of Board.  Full Article

Option H1 EBIT loss narrows to 3.2 million euros
Thursday, 1 Sep 2016 03:36am EDT 

Option NV : H1 revenue 3.9 million euros ($4.34 million) versus 2.6 million euros year ago . H1 EBIT loss 3.2 million euros versus loss of 5.0 million euros year ago . H1 net loss (owners of company) 4.5 million euros versus 6.0 million euros year ago . The most recent sales forecasts indicate a growth compared to the actual realized revenues in H1 .The cash position decreased from 4.1 million euros at the end of 2015 to 0.4 million euros at the end of june 2016.  Full Article

Option acquires Innolumis and Lemnis Public Lighting
Wednesday, 20 Jan 2016 07:00pm EST 

Option NV:Announces the acquisition of the shares of the Dutch LED lighting companies Lemnis Lighting BV Public and Innolumis Public Lighting BV.Merges the two companies into a single commercial organization under the name Innolumis Public Lighting.  Full Article

Option to develop M2M solution for the connected car
Wednesday, 19 Aug 2015 03:15am EDT 

Option NV:Option to develop M2M solution for the connected car.Project includes multiple man-years of engineering and will contribute to company's results with revenue & cash generation as from second half of 2015.Project more specifically involves development of a cellular OBD 2 datalogger solution to monitor driver behavior and is aimed at high volume consumer market.  Full Article

Option wins mobile Wi-Fi contract with Telcel in Mexico
Tuesday, 11 Aug 2015 08:00pm EDT 

Option NV:Wins mobile Wi-Fi contract with Telcel in Mexico.  Full Article

Option NV's Cloudgate platform selected by several companies
Friday, 12 Jun 2015 03:12am EDT 

Option NV:Announces that its Cloudgate platform has been selected by several companies, including Abb, Webnms and Baseline Irrigation Solutions, to be integrated in variety of M2M solutions.  Full Article

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BRIEF-Option sells Innolumis; announces management changes

* Announces sale of Innolumis Public Lighting BV and Public Lighting BV