Opus Group appointed Lothar Geilen as next CEO
The board of directors appointed Lothar Geilen as the new CEO of Opus Group, beginning on April 1, 2017. The current CEO, Magnus Greko, will remain in the company as Vice President Strategic Business Development.
Read more400/100/25: Opus Group’s new 5-year strategic plan
For the period 2017-2021, Opus Group today presents a new 5-year growth strategy with an ambition to: grow revenue from USD 200 million to USD 400 million; grow EBITDA from USD 40 million to USD 100 million; and grow the EBITDA margin from 20% to 25%.
Read moreYear-end report 2016
Strong EBITDA growth, expansion in Latin America and new add-on acquisitions during 2016
Read moreInvitation to Opus Group press- and analyst conference on February 14
Opus Group’s press and analyst conference will take place at 10:00 a.m. CET on February 14 in Stockholm. The conference can be followed online at the web address stated below. There will also be a telephone conference attached to the meeting.
Read moreOpus Group brings its 2016 year-end report forward to February 14 – to present new growth strategy for the coming five years
The vehicle inspection company Opus Group has decided to move its 2016 year-end report forward to February 14 to present the company’s new growth strategy for the coming five years. The new growth strategy will be presented together with the 2016 year-end report at a press…
Read moreThe Swedish government chooses not to change the inspection intervals
Today, the Swedish Government adopted regulation changes for the technical inspection of vehicles as part of the Swedish transposition of the EU’s so-called “inspection package”. The government’s decision will mandate unchanged inspection intervals compared to current intervals.
Read moreOpus Inspection not awarded the new Missouri Gateway Vehicle Inspection Program
Opus Inspection Inc. is the incumbent operator of the Missouri Gateway Vehicle Inspection Program since 2007. In the current procurement process 2016 Opus Inspection was not awarded the new contract, a decision that the company has appealed.
Read moreOpus Inspection signs agreement to acquire U.S. Emission Test Equipment business from Bosch
Today, Opus Inspection has signed an agreement to acquire the U.S. based emission test equipment business from Bosch Automotive Service Solutions, Inc. The acquired business activities include sales and service of emission test equipment in California, Pennsylvania and North…
Read moreCorrection of comparative line item in the cash flow statement in the Q3 report
One line item in the cash flow statement on page 12 in Opus Group’s Q3 report was incorrect. The line item ”Other” under financing activities for the period July 1, 2015 – September 30, 2015 shall be 3,928 KSEK instead of -131 KSEK. The line item…
Read moreInterim Report (January – September 2016)
New product technology acquired and a new service launched in the U.S. market
Read more