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Opus Group AB (publ) (OPUS.ST)

OPUS.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Opus Group Q1 EBITDA increases 17 pct
Friday, 12 May 2017 02:30am EDT 

May 12 (Reuters) - Opus Group AB (Publ) :Q1 operating profit before depreciation and amortization (EBITDA) amounted to SEK 71.9 million (61.4).Q1 net sales amounted to SEK 428.7 million (395.1).  Full Article

Opus Inspection acquires 60 pct of European RSLab
Monday, 24 Apr 2017 02:30am EDT 

April 24 (Reuters) - Opus Group AB (Publ) :Acquires European RSLab.Says Opus Inspection has acquired 60% of remote sensing laboratory s.l. (rslab), madrid based, iso 17025 accredited laboratory for remote measurement of real-driving emissions.  Full Article

Opus Inspection signs new contract with Metro Nashville
Tuesday, 18 Apr 2017 02:30am EDT 

April 18 (Reuters) - Opus Group AB (Publ) :Nashville, TN signs new contract with Opus Inspection.Says new five-year contract will begin on July 1, 2017 and may be extended at Metro Nashville's option up to an additional five years.Says Opus estimates contract value to be between USD 2.3 and USD 3.3 million per year, depending on use of new technologies.  Full Article

Opus Group closes acquisition in Argentina
Friday, 3 Mar 2017 02:36am EST 

Opus Group Ab (Publ) : Opus Group's Argentinian subsidiary, Opus Inspection SA, completed the acquisition of three vehicle inspection concessions in Córdoba, Argentina . Opus began operating the three vehicle inspection stations in Córdoba on March 1, 2017 Further company coverage: [OPUS.ST] ((rebecka.roos@thomsonreuters.com;)).  Full Article

Opus Q4 core profit rises
Tuesday, 14 Feb 2017 02:00am EST 

Opus Group AB (Publ) : Q4 net sales amounted to SEK 430.3 million (411.4), a revenue growth of 4.6 percent (0.5 percent FX adjusted). . Q4 operating profit before depreciation and amortization (EBITDA) amounted to SEK 67.8 million (58.3) .Says board proposes a dividend of SEK 0.12 (0.10) per share.  Full Article

Opus Group appoints Lothar Geilen as new CEO
Tuesday, 14 Feb 2017 02:00am EST 

Opus Group AB (Publ) : Opus Group appointed Lothar Geilen as next CEO . The current CEO, Magnus Greko, will remain in the company as Vice President Strategic Business Development . Says "With Opus Group's newly adopted five-year growth plan focused on entering new markets and finding acquisition targets, an increased emphasis on strategic business development is essential." .Lothar Geilen has been employed by Opus Group since 2008. He co-founded the U.S. company Systech International in 2000 and continued with Opus Group as head of the Vehicle Inspection Division after Systech was acquired by Opus Group in 2008.  Full Article

Opus Group aims to double sales by 2021
Tuesday, 14 Feb 2017 02:00am EST 

Opus Group AB (Publ) : 400/100/25: Opus Group's new 5-year strategic plan . For the period 2017-2021, Opus Group today presents a new 5-year growth strategy with an ambition to: grow revenue from USD 200 million to USD 400 million; grow EBITDA from USD 40 million to USD 100 million; and grow the EBITDA margin from 20% to 25%. . Says growth in established markets will come primarily from u.s. Emission inspection equipment revenues through eaas business model, and introduction of new technology offerings remote assisted programming (rap service) and fastlign® . Says company expects that revenues from vehicle inspection business in Sweden and U.S. Will be flat at good EBITDA margins . Says globally, company expects significant growth to come from vehicle inspection programs in low and middle income countries .Says by 2021, Opus Group estimates revenues of USD 185 million in U.S.; USD 120 million in Europe; USD 50 million in Latin America and USD 45 million primarily in Asia.  Full Article

Opus Group Q3 profit tops forecast
Friday, 18 Nov 2016 02:35am EST 

Opus Group Ab (Publ) : Q3 net sales amounted to SEK 419.4 million (385.8) . Q3 operating profit before depreciation and amortization (ebitda) amounted to SEK 86.7 million .Reuters poll: Opus Group AB (publ) Q3 ebitda was seen at 82.3 million SEK, sales at 402 million.  Full Article

Opus Group Q2 EBITDA rises to SEK 116 mln
Friday, 19 Aug 2016 02:33am EDT 

Opus Group Publ Ab : Q2 sales amounted to SEK 452.3 million (452.1) . Q2 operating profit before depreciation (EBITDA) amounted to SEK 116.1 million (94.2) .Says adjusted for divestment of Opus Equipment revenue growth amounted to 8.9 percent.  Full Article

Opus Group Q1 operating profit rises
Thursday, 12 May 2016 02:30am EDT 

Opus Group : Q1 sales amounted to SEK 395.1 million (400.8) . Operating profit before depreciation (EBITDA) amounted to SEK 61.4 million (50.9), corresponding to an EBITDA margin of 15.5 percent (12.7) .Says expects to see a continued good margin development throughout the year.  Full Article

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