Swedish vehicle inspection specialist Opus has continued to gain market share in the Swedish market during the third quarter. During the Q3, the company had on average 27,9%, second only to AB Svensk Bilprovning with 28,5 % on average.
Opus has steadily increased its market share throughout the year. During Q1 the company had on average 25,9 %, 27,5% in Q2. Opus was even briefly number 1 in the market in July.
Still, as we have highlighted before, Sweden is only the minority of Opus’ business (cirka 33%). The company is the clear market leader in North America and has consequently a large exposure to the USD. Here we note that the USD has strengthened significantly versus the SEK during the last 12-months, which will have a positiveimpact on Opus’ revenues.