Opus Group Annual 2011 Report ENG
Opus Group Annual 2011 Report ENG
Opus Group Annual 2011 Report ENG
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OPUS<br />
IN BRIEF<br />
<strong>Opus</strong> <strong>Group</strong> is in the business of environmental<br />
and safety testing of vehicles.<br />
The <strong>Group</strong> operates two businesses (products<br />
& services) that are organized in two<br />
geographic areas (North America and<br />
Europe & Asia).<br />
In Business Area North America, the<br />
<strong>Group</strong> runs vehicle inspection programs for<br />
government state agencies, which typically<br />
outsource these services to third parties, as<br />
well as develop, produce and sell IT system<br />
solutions and equipment for vehicle inspection.<br />
The United States is today, the company’s<br />
largest market for vehicle inspection<br />
services, but the goal is to become a global<br />
player.<br />
In Business Area Europe & Asia, <strong>Opus</strong><br />
develops, produces and sells a broad portfolio<br />
of products, services and support.<br />
Customers include the automotive industry,<br />
vehicle inspection stations and vehicle<br />
repair workshops in the global market. Sales<br />
are conducted in over 50 countries on all<br />
continents.<br />
<strong>Opus</strong> was founded in 1990 and since<br />
2006 is listed on First North. The <strong>Group</strong><br />
has approx. 330 employees worldwide with<br />
headquarters in Gothenburg and 10 regional<br />
offices in the U.S. Own production facilities<br />
are located in Sweden, USA and China. The<br />
<strong>Group</strong>’s turnover in <strong>2011</strong> was approx. SEK<br />
430 million (pro forma with acquisitions) with<br />
good profitability and strong cash flows.<br />
1990<br />
OPUS FOUNDED<br />
50<br />
SALES IN 50 COUNTRIES<br />
230<br />
MKR TURNOVER <strong>2011</strong><br />
430<br />
MKR OMSÄTTNING <strong>2011</strong><br />
MKR TURNOVER <strong>2011</strong> PROFORMA*<br />
*INcluding ESP AND VOLVO ACQUISITION