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  • Peter Teske

    CFO


    0760-021930
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    Board members’ operational roles come to an end

    As planned, on 30 April Studsvik´s board member Agneta Nestenborg will leave the operational role she has held since November 2023 within the Fuel and Materials Technology business area. On May 1 she will be succeeded by Niklas Lindberg in the role of head of production operations including project deliveries and plant operation. Niklas joins us from his most recent position as senior business developer at Novotech, having worked for most of his career within global corporations and startups. President and CEO Camilla Hoflund remains in the role of Business Area President Fuel and

    Studsvik’s Interim Report for the First Quarter 2024

    · Sales amounted to SEK 209.4 (188.8) million, with an operating profit of SEK 12.0 (9.9) million and an operating margin of 5.8 (5.3) per cent. · During the quarter, business area Scandpower signed a long-term agreement with a US energy company regarding the GARDEL software. · Studsvik has appointed Peter Teske as Chief Financial Officer and member of the Studsvik Executive Management Group. He will start his appointment 29th of April 2024.The Group in summary Q1 Jan-dec 2024 2023 2023Net sales,

    Invitation to conference call, April 25 at 14:00 (CEST)

    Studsvik AB presents its Interim Report for the First Quarter 2024 and hereby invites media and analysts to a conference call held in English on Thursday, April 25 at 14:00 (CEST).Studsvik’s Interim Report for the First Quarter 2024 will be distributed at approximately 12:00 am (CEST), April 25. As of this time, the report will also be available at www.studsvik.com. The call will be held in English, starting 14:00 (CEST). If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions. Studsvik Q1 Report 2024 (

    Studsvik appoints new CFO

    Studsvik has appointed Peter Teske as Chief Financial Officer and member of the Studsvik Executive Management Group. He will start his appointment 29[th] of April 2024. Peter comes most recently from a position at Skill Scandinavia as CFO. Prior to that, he held various senior positions in the field of economics and finance in both the private and public sectors. "Studsvik is in a period of focus on growth, efficiency and change. Peter will be a reinforcement to the Group with his experience of both finance and change management in various types of businesses," comments Camilla

    Welcome to the Annual General Meeting of Studsvik AB

    Studsvik AB (publ), corporate identity number 556501-0997, gives notice to attend the Annual General Meeting to be held on Thursday April 25, 2024 at 16.00 at the World Trade Center, Klarabergsviadukten 70/Kungsbron 1 in Stockholm. Registration for the Annual General Meeting starts at 15.00.Registration and notification of attendance Shareholders who wish to participate in the Annual General Meeting must · be registered in the share register kept by Euroclear Sweden AB by Wednesday, April 17, 2024, and · give notification to the company by Friday, April 19, 2024 at the latest.

    Studsvik publishes Annual and Sustainability Report 2023

    Studsvik’s Annual and Sustainability Report for 2023 is now available at www.studsvik.com.Studsvik has also published the Annual Report in Swedish in European Single Electronic Format (ESEF). This information is information that Studsvik AB (publ) is obliged to disclose pursuant to the Securities Market Act. The information was released for public disclosure, through the agency of the contact person below, on March 13, 2024, at 1:30 pm (CET). ___________________________________________ For further information please contact: Niklas Karlsson, CFO, + 46 760 02 10 53

    Studsvik’s Year-end Report for 2023

    · Sales in the fourth quarter amounted to SEK 228.4 (228.6) million and for the full year to SEK 826.0 (814.8) million. · Operating profit in the quarter was SEK 28.6 (33.5) million and for the full year SEK 73.4 (74.9) million. The operating margin was 12.5 (14.7) percent for the quarter and decreased slightly to 8.9 (9.2) per cent for the year. · During the quarter two significant licensing agreements were signed within the Scandpower business area. · The Waste Management Technology business area signed a licensing agreement during the quarter with Dongguk Nuclear Solutions for

    Invitation to conference call, February 8 at 15:00 (CET)

    Studsvik AB presents its Year-end Report for 2023 and hereby invites media and analysts to a conference call held in English on Thursday, February 8 at 15:00 (CET).Studsvik’s Year-end Report 2023 will be distributed at approximately 12:00 am (CET), February 8. As of this time, the report will also be available at www.studsvik.com. The call will be held in English, starting 15:00 (CET). If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions. Studsvik Q4 Report 2023 (financialhearings.com) 

    Studsvik strengthens the Executive Management Group

    Carina Nilsson, Head of Sustainability and Compliance, is part of Studsvik's Executive Management Group from 1 January 2024.Carina Nilsson has been employed at Studsvik since August 21, 2023. She has a solid background in business development, operational development and digital transformation from various international operations. Carina has more than 15 years of experience in leading roles, both in the private and public sector. "Carina brings new perspectives to Studsvik based on her experience in digital transformation and operational development, which are important parts of

    Studsvik’s CFO Niklas Karlsson will leave the company during the first half of 2024

    At his own request, Niklas Karlsson will leave Studsvik during the first half of 2024. The process of finding a replacement has started."I would like to thank Niklas for his contributions in Studsvik's Executive Management Group and I wish him all the best in the future", says Camilla Hoflund, President and CEO of Studsvik. For further information please contact: Camilla Hoflund, CEO and President, + 46 155 22 10 66 Facts about Studsvik Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik’s focus areas are fuel and materials

    Studsvik signs license agreement with Dongguk Nuclear Solution for the development of waste treatment using inDRUM in South Korea

    Studsvik has signed a Technology License Agreement with Dongguk Nuclear Solution, to provide engineering services to support an establishment of an inDRUM in South Korea for radioactive waste treatment based on Studsvik's efficient technology. This is a long-term agreement, built on performance and milestones.The agreement gives Studsvik an initial license earning of 3 MSEK, followed by milestones giving additional revenues of about 30 MSEK over a period of 3-5 years. The customer has the right to exit the agreement if the milestones cannot be achieved. If inDRUM is successfully established,

    Studsvik and Fortum partner to explore the possibilities for new nuclear

    Studsvik, a nuclear technology company providing safety and efficiency for the global nuclear industry, have signed a Memorandum of Understanding (MoU) with Fortum, a Nordic energy company, to explore the conditions for new nuclear at the Studsvik site outside Nyköping in Sweden.Studsvik wants to support the climate transition, where more nuclear power is needed to meet the climate goals, while also satisfying the increasing demand for energy in all parts of the world. In the long term there is a possibility for new nuclear power on the Studsvik site, either in the form of commercial

    Studsvik strengthens management resources within the Fuel and Materials Technology business area

    Studsvik is strengthening management resources within the Fuel and Materials Technology business area due to the increased interest in nuclear power and the opportunities to develop the Studsvik area. The change comes into effect on November 20, 2023.Camilla Hoflund, President and CEO, steps in on November 20, for the time being, as business area manager for the Fuel and Materials Technology business area, in addition to her role as CEO. Current business area manager Joakim Lundström takes on the role as head of business development and sales within the business area. Agneta

    Studsvik’s Interim Report for the Third Quarter 2023

    · The operating profit for the Group was SEK 22.9 million compared with SEK 26.1 million in the previous year. · High capacity utilization in Decommissioning and Radiation Protection Services. · During the quarter the Waste Management Technology business area signed a strategic agreement with GNS in Germany for treatment of waste. · Sale of an area of land on the Studsvik site was completed in the quarter with an impact on earnings of SEK 5.0 million. · Studsvik has entered into a cooperation agreement with Kärnfull Next to carry out a feasibility study aimed at investigating

    Studsvik’s Board Chair becomes Working Chair

    Jan Bardell, who was appointed as Studsvik’s Chair of the Board at the Annual General Meeting on April 24, 2023, will become the Working Chair of the Board, part time, as of October 20.The purpose of the change is that Bardell will work actively on the enquiries Studsvik has received about building Small Modular Reactors (SMRs) on the Studsvik site, outside Nyköping. Jan Bardell has been a member of the Board of Studsvik since 2022. For further information please contact: Jan Bardell, tel +46 768 60 84 06, jan.bardell@studsvik.com, or Camilla Hoflund, President and CEO, tel +46

    Invitation to conference call, October 20 at 12:00 (CET)

    Studsvik AB presents its Interim Report for the third quarter 2023 and hereby invites media and analysts to a conference call held in English on Friday, October 20 at 12:00 (CET).Studsvik’s Interim Report for the third quarter 2023 will be distributed at approximately 10:15 am (CET), October 20. As of this time, the report will also be available at www.studsvik.com. The call will be held in English, starting 12:00 (CET). If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions. Studsvik Q3 Report 2023 (financialhearings.

    GNS and Studsvik announce strategic exclusive cooperation for problematic waste treatment in Germany

    In order to further develop, qualify and implement the Studsvik patented inDRUM technology for the German market GNS and Studsvik have formed a strategic and exclusive cooperation to combine their expertise to tackle the challenge of problematic waste in a safe and efficient way. Studsvik’s inDRUM is a patented technology for the treatment of problematic wastes, such as legacy wastes in aging drums, which results in an inert residue, significant volume reduction and enables drums to be managed with minimal manual handling.GNS is a specialist in the disposal of high-level radioactive waste

    Studsvik in partnership with Kärnfull Next investigates the potential for small modular reactors on the Studsvik site

    Studsvik has signed a memorandum of understanding with Kärnfull Next, who is to investigate the possibility of building and operating small modular reactors (SMRs) on the Studsvik site near Nyköping. An ongoing feasibility study is evaluating the financial, technological, environmental and societal feasibility of this. Preliminary results indicate that the site de facto has potential for SMR establishment.The need for electricity in the southern parts of Sweden is expected to grow substantially in the future. The Studsvik site, with its strategic location and Studsvik’s broad expertise in

    Studsvik’s Interim Report for the Second Quarter 2023

    · The operating profit for the Group was SEK 12.0 million compared with SEK 8.2 million in the previous year. · Good license revenue for the Scandpower business area. · New contract for waste treatment and decommissioning services in the Swedish market. · Delays in advancement of projects in the Fuel and Materials Technology business area. · Two new operations established on the Studsvik site.Quarter 6 months Full year Q2 2023 Q2 2022 2023 2022 2022Sales, SEK million 213.6 203.1 402.4 390.9 814.8

    Invitation to conference call, July 20 at 13:00 (CEST)

    Studsvik AB presents its Interim Report for the second quarter 2023 and hereby invites media and analysts to a conference call held in English on Thursday, July 20 at 13:00 (CEST).Studsvik’s Interim Report for the second quarter 2023 will be distributed at approximately 11:15 am (CEST), July 20. As of this time, the report will also be available at www.studsvik.com. The call will be held in English, starting 13:00 (CEST). If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions. Studsvik Q2 Report 2023 (

    Art Wharton appointed head of business area Scandpower

    Effective from today, June 15, 2023, Art Wharton has been appointed as the Business Area President for Studsvik Scandpower Group. He joined Studsvik in 2017 as a Vice President and has held the role of Acting President of the Studsvik Scandpower Business Area since October 6, 2022.Prior to joining Scandpower Art was employed in various roles by Westinghouse Electric Company LLC for approximately 11 years. He also serves in multiple divisions/committees in the American Nuclear Society, and currently held the position of Treasurer for the Society. “Art Wharton will play an important role

    We welcome two new actors to the Studsvik area

    The Studsvik area, which for most people is associated with nuclear power, will now also be home to new actors in energy and research for a long-term sustainable future. A solar park and marine research activities, focusing on creating a healthy and viable Baltic Sea environment are being established.Solar park Better Energy Sweden AB is planning to establish a solar park with an output of approximately 20 MW, which corresponds to heating and energy supply for about 1,000 houses. This corresponds to a solar panel area covering about 30 football fields. The design planning is ongoing, and

    Studsvik’s Interim Report for the First Quarter 2023

    · Sales amounted to SEK 188.8 (187.8) million, with an operating profit of SEK 9.9 (7.0) million and an operating margin of 5.3 (3.7) per cent. · Strong demand for Decommissioning and Radiation Protection Services enabled increased capacity utilization with good demand in the German market and high staff utilization. · Production disruptions in Fuel and Materials Technology. The problems were solved at the end of the quarter. Quarter Full year Q1 2023 Q1 2022 2022Sales, SEK million

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