Studsvik’s Interim Report for January – September 2016
- The divestment of operations in the Waste Treatment business area was completed during the quarter.
- Sales in the quarter was SEK 164.6 (189.8) million. In local currencies sales decreased by 12.7 per cent.
- The operating profit for the quarter amounted to SEK –11.9 (26.1) million. Items affecting comparability impact earnings by SEK 3.0 (0) million.
- The free cash flow was SEK 183.1 (5.5) million.
| July-Sep2016 | July-Sep2015 | Jan-Sep2016 | Jan-Sep2015 | Full year2015 | |
| Sales, SEK million | 164.6 | 189.8 | 512.5 | 524.3 | 721.2 |
| Operating profit, SEK million | –11.9 | 26.1 | –2.4 | 25.2 | 36.6 |
| Profit after tax, SEK million | 0.7 | 19.2 | 8.3 | 11.9 | 14.6 |
| Free cash flow, SEK million* | 183.1 | 5.5 | 151.8 | –38.3 | –29.8 |
| Net debt, SEK million* | –18.5 | 145.6 | –18.5 | 148.5 | 134.3 |
| Net debt/equity ratio, %* | –5.4 | 47.0 | –5.4 | 49.2 | 45.0 |
| Profit per share after tax, SEK | 0.08 | 2.34 | 1.01 | 1.45 | 1.78 |
| Equity per share, SEK* | 41.44 | 37.69 | 41.44 | 37.69 | 36.30 |
| *Refers to total operations |
The interim report will be presented at a telephone conference call according to separate distributed invitation at 2:30 PM CEST today.
Please read the full interim report in the attached file.
For further information, please contact:
Michael Mononen, CEO, +46 155 22 10 86 or,
Pål Jarness, CFO, +46 155 22 10 09
Facts about Studsvik
Studsvik offers a range of advanced technical services to the international nuclear power industry in such areas as consultancy services and fuel and materials technology. The company has over 65 years’ experience of nuclear technology and radiological services. Studsvik has 700 employees in 7 countries and the company’s shares are listed on the Nasdaq Stockholm.
This information is information that Studsvik AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact persons above, on October 21, 2016, at 1:30 pm (CEST).
www.studsvik.com