Financial statement 2010

Financial statement 2010

Interim report October-December 2010
Increased focus on energy and environmental technology


  · Strong growth for remaining units within Engine Efficiency, +38 % in
2010
  · Strong interest for marine applications of Opcon Powerbox
  · Boxpower to be developed internally, no divestment
  · Order book reaches SEK 726 million (687 m)
  · 30 % sales increase for comparable units expected for 2011
  · Non liquidity-affecting change in value of shareholding in Enerji
Ltd. has SEK -49.2 million (+56.0 m) impact on operating profit in
January-December period
  · Capital gain from sale of subsidiaries contributes SEK 60.9 million
in operating profit for January-December period

FULL YEAR, JANUARY-DECEMBER 2010

  · Net sales amounted to SEK 612.8 million (682.9 m)
  · Operating loss (EBIT) was SEK 7.7 million (+37.1 m)
  · Profit after tax of SEK 8.0 million (12.4 m)
  · Earnings per share SEK 0.22 (0.31)

Q4, OCTOBER-DECEMBER 2010

  · Net sales amounted to SEK 157.1 million (234.1 m)
  · Operating loss (EBIT) was SEK 4.0 million (+16.6 m)
  · Profit after tax of SEK 0.5 million (9.1 m)
  · Earnings per share SEK -0.04 (+0.27)

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  · Declaration of intent to raise financing of up to USD 40 million
  · Partnership agreement with MAN Diesel & Turbo within marine sector

Opcon AB (publ)
Magnetgatan 1, Box 30, SE-662 21 Åmål, Sweden
Tel. +46 (0)532-613 00, fax +46 (0)532-120 19
e-mail: info@opcon.se (info@opcon.se)
www.opcon.se (http://www.opcon.se)

THE OPCON GROUP

Opcon is an energy and environmental technology group that develops,
produces and markets systems and products for the eco-friendly,
efficient and resource-effective use of energy.
Opcon has operations in Sweden, China, Germany, and the UK. There are
around 415 employees. The company's shares are listed on Nasdaq OMX
Stockholm. The Group comprises two business areas:
Renewable Energy focuses on generating electricity from waste heat,
bioenergy, systems for handling natural gas, industrial cooling,
recycling of heat, drying of biomass, treatment of flue gases, handling
systems for biomass, etc., air systems for fuel cells and the
measurement and monitoring of processes.
Engine Efficiency focuses on energy-efficient solenoid technology and
ignition systems for combustion engines including ethanol, natural gas
and biogas engines.