INTERIM REPORT JANUARY–SEPTEMBER 2015

Divestment of Compressor Technology business and Waste Heat Recovery

  · Extra meeting of shareholders approves sale of business activities within
Compressor Technology and Waste Heat Recovery for SEK 400 million
  · Shanghai XingXueKang Investment Partnership pays first installment of
purchase amount, SEK 60 million
  · Saxlund International GmbH wins order worth around SEK 30 million from
Babcock & Wilcox Vølund A/S, for delivery of handling system to bioenergy
project in the UK
  · Delays and cost over-runs on bioenergy projects in Sweden and the UK have
impact on results of around SEK 7 million
  · Results for remaining business impacted by over-dimensioned administration
  · Extensive review initiated for remaining business

Q3, July–September 2015, remaining business

  · Net sales amounted to SEK 46.5 million (50.4 m)
  · Operating result (EBITDA) was SEK –11.3 million (20.5 m)
  · Operating result (EBIT) was SEK –12.5 million (21.4 m)
  · Loss after tax was SEK 15.2 million (19.8 m)
  · Earnings per share SEK –0.04 (0.05)

Q1-Q3, January–September 2015, remaining business

  · Net sales amounted to SEK 149.6 million (137.2 m)
  · Operating result (EBITDA) was SEK –22.3 million (13.4 m)
  · Operating result (EBIT) was SEK –25.1 million (11.5 m)
  · Loss after tax was SEK 30.2 million (10.4 m)
  · Earnings per share SEK –0.08 (0.03)

Events after the closing date

  · On 30 October Opcon completed the sale of business activities within
Compressor Technology and Waste Heat Recovery to Shanghai XingXueKang Investment
Partnership. The purchase price was SEK 400 million, which was paid in cash
through a payment of SEK 60 million in August and a payment of SEK 340 million
upon the closing of the deal. The parent company’s capital gains amounted to SEK
147 million.
  · Opcon has settled interesting-bearing loans worth a total of SEK 35 million
  · Saxlund wins new major order in the UK worth around SEK 40 million

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