China lies behind Opcon's return to profit · Joint venture with Snowman for Opcon Powerbox in China · Agreement signed with Snowman for licensing of technology for joint venture, worth CNY 72 million (around SEK 84.8 million) · Revenue recognition in Q3 of licence business generated other income of SEK 56.6 million, of which SEK 27.7 million reserved for internal profit elimination · Opcon returns to profit (Earnings after tax in Q3), SEK 17.8 million (–5.5 m) Q1-3 2014, January-September, remaining business · Net sales amounted to SEK 183.7 million (206.3 m) · Operating loss (EBIT) was SEK 9.4 million (–25.9 m) · Profit after tax of SEK 6.8 million (–34.8 m) · Earnings per share SEK 0.02 (–0.11) Q3, July-September, remaining business · Net sales amounted to SEK 61.4 million (69.6 m) · Operating loss (EBIT) was SEK 19.9 million (–4.1 m) · Profit after tax of SEK 17.8 million (–5.5 m) · Earnings per share SEK 0.05 (–0.02) 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 11 November 2014, at 08.30 (CET).
INTERIM REPORT JANUARY–SEPTEMBER 2014
| Source: Trention AB