Year-end report 2017

Press
POSTED 16 February 2018

Year-end report 2017

Solid growth with several projects under development

January - December 2017

  • Net sales amounted to SEK 1,857.5 million (1,697.2), a revenue growth of 9.4 percent. Adjusted for acquisitions and FX, the organic revenue growth amounted to 3.8 percent.
  • Operating profit before depreciation and amortization (EBITDA) amounted to SEK 308.1 million (332.0), corresponding to an EBITDA margin of 16.6 percent (19.5).
  • Net financial income/expense includes net foreign exchange differences of SEK -39.0 million (53.4).
  • Profit for the year amounted to SEK 73.8 million (85.4).
  • Earnings per share after dilution amounted to SEK 0.27 (0.29).
  • Cash flow from operating activities amounted to SEK 185.7 million (204.2).
  • The Board proposes a dividend of SEK 0.05 (0.12) per share.

October – December 2017

  • Net sales amounted to SEK 496.0 million (430.3), a revenue growth of 15.3 percent. Adjusted for acquisitions and FX, the organic revenue growth was 9.9 percent.
  • Operating profit before depreciation and amortization (EBITDA) amounted to SEK 62.4 million (67.8), corresponding to an EBITDA margin of 12.5 percent (15.7).
  • Net financial income/expense includes net foreign exchange differences of SEK -15.4 million (33.6).
  • Profit for the period amounted to SEK 24.5 million (21.4).
  • Earnings per share after dilution amounted to SEK 0.09 (0.08).
  • Cash flow from operating activities amounted to SEK 34.8 million (39.2).

Notable events during the fourth quarter

  • Opus issued USD 50 million L/C backed bonds in the U.S.
  • Opus received notice of contract extension from the New York Taxi & Limousine Commission.
  • Opus raised a USD 25 million five-year credit facility.

Notable events after the end of the period

  •  Opus acquired the U.S. vehicle inspection company Gordon-Darby.

This information is information that Opus Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:30 CET on February 16, 2018.

 

For additional information, please contact:
Lothar Geilen, CEO
Tel: +46 31 748 34 00
E-mail: lothar.geilen@opus.se

Linus Brandt, CFO & Executive Vice President
Tel: +46 722 44 09 05
Email: linus.brandt@opus.se


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