INTERIM REPORT OCTOBER–DECEMBER 2013

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| Source: Opcon AB
FINANCIAL STATEMENT 2013
Further development of strategic collaboration in China, improved earnings and
continued cost savings

  · Snowman in China becomes increasingly more important as customer, partner
and owner
  · Net sales up 27% in Q4, SEK 69.8 million (55.1 m)
  · Reduced loss (EBIT) in Q4, SEK –25.7 million (–134.9 m)
  · Non-recurring costs impacted on earnings (EBIT) by a total of SEK –20.8
million in Q4
  · Operating loss in Q4 excluding non-recurring costs of SEK –4.9 million
(–27.7 m)
  · Savings programme will cut annual costs by around SEK 30 million, of which
around SEK 19 million in 2014

Q4, October-December 2013, remaining business

  · Net sales amounted to SEK 69.8 million (55.1 m)
  · Operating loss (EBIT) was SEK –25.7 million (–134.9 m)
  · Operating loss excluding non-recurring items was SEK –4.9 million (–27.7 m)
  · Loss after tax of SEK –26.4 million (–202.3 m)
  · Earnings per share SEK –0.08 (–1.54)

Q1-Q4, January-December 2013, remaining business

  · Net sales amounted to SEK 278.8 million (316.9 m)
  · Operating loss (EBIT) was SEK –52.7 million (–186.4 m)
  · Operating loss excluding non-recurring items was SEK –24.2 million (–79.2 m)
  · Loss after tax of SEK –64.1 million (–248.5 m)
  · Earnings per share SEK –0.19 (–1.89)

Important events after the end of the period

  · A directed placement of shares with Snowman of China reinforces the
strategic collaboration and Opcon’s financial position. The Board has decided to
place an issue of 30,000,000 new shares at
SEK 0.57 per share with Hong Kong Snowman Technology Ltd., a wholly-owned
subsidiary of listed Fujian Snowman Co. Ltd., Fuzhou, Fujian, China. Hong Kong
Snowman Technology Ltd. has subscribed for the 30,000,000 shares, which will
raise around SEK 17 million for Opcon after costs.

For further information, please contact:

  · Rolf Hasselström, President and CEO: +46 8 466 45 00, +46 70 594 79 60
  · Niklas Johansson, deputy CEO, Investor Relations: +46 8 466 45 11, +46 70
592 54 53


The information in this report is such that Opcon is obliged to disclose in
accordance with Swedish securities markets law and/or Swedish law on trading in
financial instruments. This information was released for publication on Friday
21 February 2014, at 08.30 (CET).