Opcon: Interim Report January–september 2014

Regulatory News:

Opcon AB (STO:OPCO)

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)

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).

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