Opcon AB reported consolidated and parent earnings results for the fourth quarter and full year ended of December 31, 2015. For the quarter, on a consolidated basis, the company reported net sales of SEK 44,747,000 compared to SEK 57,728,000 a year ago. Operating profit was SEK 45,404,000 compared to SEK 6,055,000 a year ago. Profit before tax was SEK 19,585,000 compared to SEK 4,473,000 a year ago. Loss for the period was SEK 14,710,000 compared to SEK 3,484,000 a year ago. Basic and diluted loss per share before and after dilution was SEK 0.03 compared to basic and diluted earnings per share after dilution of SEK 0.01 a year ago. Total cash flow from the business was SEK 78,058,000 compared to SEK 13,563,000 a year ago.

For the full year, on a consolidated basis, the company reported net sales of SEK 194,390,000 compared to SEK 194,901,000 a year ago. Operating profit was SEK 20,938,000 compared to SEK 16,800,000 a year ago. Loss before tax was SEK 10,068,000 compared to profit before tax of SEK 14,097,000 a year ago. Loss for the period was SEK 43,134,000 compared to SEK 7,731,000 a year ago. Basic and diluted loss per share before and after dilution was SEK 0.11 compared to basic and diluted loss per share before and after dilution of SEK 0.02 a year ago. Total cash flow from the business was SEK 83,859,000 compared to total cash flow from the business was negative at SEK 20,370,000 a year ago.

For the quarter, on a parent basis, the company reported net sales of SEK 376,000 compared to SEK 30,544,000 a year ago. Operating profit was SEK 115,841,000 compared to SEK 7,300,000 a year ago. Loss before allocations and tax was SEK 15,790,000 compared to Earnings before allocations and tax of SEK 8,827,000 a year ago. Loss before tax was SEK 70,440,000 compared to SEK 7,903,000 a year ago. Loss for the period was SEK 106,409,000 compared to SEK 7,903,000 a year ago.

For the full year, on a parent basis, the company reported net sales of SEK 5,947,000 compared to SEK 44,070,000 a year ago. Operating profit was SEK 104,835,000 compared to SEK 50,276,000 a year ago. Loss before allocations and tax was SEK 26,777,000 compared to earnings before allocations and tax of SEK 50,694,000 a year ago. Loss before tax was SEK 82,690,000 compared to profit before tax of SEK 32,278,000 a year ago. Loss for the period was SEK 118,659,000 compared to profit for the period of SEK 32,278,000 a year ago.