Interim Report (January - June 2017)

Press
POSTED 18 August 2017

Interim Report (January - June 2017)

January - June 2017
Net sales amounted to SEK 903.8 million (847.4), a revenue growth of 6.7 percent. Adjusted for acquisitions and FX, the organic revenue growth amounted to 1.1 percent.
Operating profit before depreciation and amortization (EBITDA) amounted to SEK 162.2 million (177.5), corresponding to an EBITDA margin of 17.9 percent (20.9), and 8.6 percent lower EBITDA compared to the corresponding period previous year.
Net financial income/expense includes net foreign exchange differences of SEK -8.8 million (9.9).
Profit for the period amounted to SEK 36.6 million (52.6).
Earnings per share after dilution amounted to SEK 0.13 (0.18).
Cash flow from operating activities amounted to SEK 83.0 million (103.8).

April – June 2017
Net sales amounted to SEK 475.2 million (452.3), a revenue growth of 5.1 percent. Adjusted for acquisitions and FX, the organic revenue was -1.7 percent lower than the corresponding period previous year.
Operating profit before depreciation and amortization (EBITDA) amounted to SEK 90.4 million (116.1), corresponding to an EBITDA margin of 19.0 percent (25.7) and 22.1 percent lower EBITDA compared to the corresponding period previous year.
Net financial income/expense includes net foreign exchange differences of SEK -7.8 million (17.9).
Profit for the period amounted to SEK 28.3 million (50.5).
Earnings per share after dilution amounted to SEK 0.10 (0.17).
Cash flow from operating activities amounted to SEK 31.9 million (94.8).

Notable events during the second quarter
Nashville, Tennessee signed new contract with Opus Inspection.
Opus Inspection acquired European RSLab.
Opus received notice of award from Government of Sindh, Pakistan.
Ohio signs renewed contract with Opus Inspection.
Opus acquired U.K. based Autologic Diagnostics.
Opus entities named in lawsuit.
Opus issued Taxable Corporate Notes in the U.S. amounting to USD 25 million.

Gothenburg in August 2017
Opus Group AB (publ)


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

or:

Peter Stenström
Investor Relations
Phone: +46 765 25 84 93
E-mail: peter.stenstrom@opus.se

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