Opcon AB announced unaudited consolidated and parent earnings results for third quarter and nine months ended Sept. 30, 2015. For the quarter, on consolidated basis, the company reported net sales of SEK 46,479,000 compared to SEK 50,431,000 a year ago. Operating loss was SEK 12,462,000 compared to operating profit of SEK 21,448,000 a year ago. Loss before tax was SEK 15,134,000 compared to profit before tax of SEK 19,812,000 a year ago. Loss attributable to parent company shareholders was SEK 20,914,000 or SEK 0.06 per basic and diluted share compared to profit attributable to parent company shareholders of SEK 11,990,000 or SEK 0.05 per basic and diluted share a year ago. Cash outflow from current activities was SEK 18,920,000 compared to SEK 18,586,000 a year ago. Total cash inflow from the business was SEK 31,522,000 compared to total cash outflow from the business of SEK 9,305,000 a year ago.

For the nine months, on consolidated basis, the company reported net sales of SEK 149,643,000 compared to SEK 137,173,000 a year ago. Operating loss was SEK 25,109,000 compared to operating profit of SEK 11,495,000 a year ago. Loss before tax was SEK 30,296,000 compared to profit before tax of SEK 10,374,000 a year ago. Loss attributable to parent company shareholders was SEK 29,067,000 or SEK 0.08 per basic and diluted share compared to profit attributable to parent company shareholders of SEK 3,497,000 or SEK 0.01 per basic and diluted share a year ago. Cash outflow from current activities was SEK 26,776,000 compared to SEK 30,599,000 a year ago. Total cash inflow from the business was SEK 7,993,000 compared to total cash outflow from the business of SEK 33,933,000 a year ago.

For the quarter, on parent basis, the company reported net sales of SEK 554,000 compared to SEK 5,191,000 a year ago. Operating loss was SEK 3,489,000 compared to operating profit of SEK 51,636,000 a year ago. Loss from financial income and expenses was SEK 6,104,000 compared to profit from financial income and expenses of SEK 46,851,000 a year ago. Loss for the period was SEK 6,104,000 compared to profit for the period of SEK 46,851,000 a year ago.

For the nine months, on parent basis, the company reported net sales of SEK 5,571,000 compared to SEK 13,526,000 a year ago. Operating loss was SEK 11,006,000 compared to operating profit of SEK 42,976,000 a year ago. Loss from financial income and expenses was SEK 12,250,000 compared to profit from financial income and expenses of SEK 41,867,000 a year ago. Loss for the period was SEK 12,250,000 compared to profit for the period of SEK 41,867,000 a year ago. Loss before tax was SEK 12.3 million compared to profit before tax of SEK 41.9 million a year ago.