Opus intends to apply for listing on NASDAQ OMX Stockholm in 2012 and adopts new financial targets
The Board of Directors of Opus Prodox AB (publ) has decided to apply for a listing of its shares on NASDAQ OMX Stockholm, the main list, during 2012.
In connection with the Year-End Report 2011 and the recent acquisition of ESP, Inc. in the U.S., the Board of Directors have also reviewed and decided on new financial targets, as well as a new dividend policy for the Group.
Opus new financial targets, over a business cycle, are:
- Annual growth in revenues of 10%
- EBITDA margin of at least 10%
- Interest-bearing net debt relative to EBITDA should not exceed 3.0 times
Opus dividend policy is to distribute 10-20% of profit at the EBITDA level, provided the company meets the financial
target for net indebtedness. For 2011, the Board will propose that a dividend of SEK 0.02 (SEK 0) per share will be paid
This press info is available in Swedish at www.opus.se.
For additional information, please contact
Magnus Greko, President and CEO
Phone: +46 31 748 34 91
Opus’ Certified Adviser
Thenberg & Kinde Fondkommission AB
SE-403 12 Gothenburg
Phone: +46 31 745 50 00