OpusCapita’s comparable net sales grew by 0.2%, i.e. by EUR 0.5 million. Net sales amounted to EUR 259.6 (263.4) million.
OpusCapita’s invoicing of continuous services developed favorably. Continuous service business operations make up 95% of the net sales. This includes multi-channel invoicing and invoice management solutions for paper and electronic invoices, as well as software maintenance fees, and regularly invoiced outsourcing services. OpusCapita transmitted a total of 191 million electronic transactions. The share of electronic transactions of the total volume of transactions is increasing and stood at 33% in 2014. The total volume of transactions includes printed and mailed paper letters.
The operating result before non-recurring items declined to EUR 20.0 (22.5) million. This represents 7.7% (8.5%) of net sales. The operating result decreased due to investments in various development programs related to financing solutions, artificial intelligence, robotics and internationalization. The result was impaired by non-recurring items related to organizational restructuring and declining printing business volumes.
The operating result decreased to EUR 12.7 (17.0) million.
OpusCapita began its operations as an independent subgroup of Posti Group on January 1, 2014.
On October 1, 2014, OpusCapita acquired Norian Group, a Norwegian financial accounting outsourcing company. Norian employs approximately 175 people in its locations in Norway, Sweden and Lithuania. The acquisition strengthens OpusCapita’s position as a leading Nordic financial accounting service provider.
OpusCapita’s investments amounted to EUR 5.8 (3.7) million. The investments were related to capitalized development projects and maintenance investments in printing business operations.