INTERIM REPORT JANUARY–JUNE 2014


China is the key as Opcon looks to the future

  · Efforts now initiated to develop the Chinese market and parts of South East
Asia and create an industrialised manufacturing base for Opcon Powerbox together
with Snowman
  · Hong Kong Snowman Technology Ltd. second largest owner of Opcon following
directed placement of shares
  · Savings programme now being implemented that will cut annual costs by around
SEK 30 million
  · Reduced loss despite lower sales, loss after tax of SEK –4.8 million (–15.1
m)
  · Underlying operating loss for Q2 of SEK –1.0 million (–7.4 m) before non
-recurring costs

First half of 2014, January–June, remaining business

  · Net sales amounted to SEK 122.3 million (136.7 m)
  · Operating loss (EBIT) was SEK –10.5 million (–21.8 m)
  · Loss after tax of SEK –11.0 million (–29.3 m)
  · Earnings per share SEK –0.03 (–0.09)

Q2, April–June, remaining business

  · Net sales amounted to SEK 54.9 million (62.7 m)
  · Operating loss (EBIT) was SEK –4.6 million (–12.3 m)
  · Loss after tax of SEK –4.8 million (–15.1 m)
  · Underlying operating loss for Q2 of SEK –1.0 million (–7.4 m) before non
-recurring costs
  · Earnings per share SEK –0.01 (–0.05)

Significant events after the end of the period

  · Swedish order for delivery of bioenergy plant worth around SEK 28 million
  · Declaration of Intent signed with Snowman concerning formation of joint
company to develop the Chinese market and create an industrialised manufacturing
base for Opcon Powerbox
  · Order for one Opcon Powerbox ORC and one Opcon Powerbox WST from Snowman as
reference equipment for the Chinese market

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
  · Claes Palm, deputy CEO, Chief Financial Officer: +46 8 466 45 00, +46 70 545
04 95


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 Tuesday
26 August 2014, at 08.30 (CET).

Attachments

08260483.pdf