Studsvik’s Interim Report for the First Quarter 2018

  • Sales in the quarter were SEK 197.4 (179.6) million. In local currencies sales increased by 10 per cent.
  • Operating profit for the quarter amounted to SEK –22.2 (–2.0) million. Items affecting comparability reduced earnings by SEK 0 (4.2) million.
  • The free cash flow during the quarter was SEK 21.6 (–4.2) million.
  • As of April 1, the German consultancy business forms a separate business area. 
Jan-March 2018 Jan-March 2017 Full year2017
Sales, SEK million  197.4 179.6 704.8
Operating profit, SEK million  22.2 –2.0  41.6
Profit after tax, SEK million  12.7 –6.2 –45.0
Free cash flow, SEK million 21.6 –4.2 –84.2
Net debt, SEK million 79.1 8.4 101.2 
Net debt/equity ratio, % 25.5 2.5 35.1 
Profit per share after tax, SEK 1.55 –0.76  –5.47 
Equity per share, SEK 37.77 41.45 35.09

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:

Pål Jarness, CFO, +46 155 22 10 09, or

Camilla Hoflund, CEO, +46 155 22 10 66

Facts about Studsvik

Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik’s business focus areas are fuel and materials technology, reactor analysis software and consultancy services within waste treatment technology, decommissioning, NORM and solutions for final disposal. The company has 70 years’ nuclear technology and radiological service experience. 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 April 25, 2018, at 13:00 (CEST). 

www.studsvik.com

About Us

About Studsvik Studsvik offers a range of advanced technical services to the international nuclear power industry in such areas as waste treatment, consultancy serices and operating efficiency. The company has 65 years’ experience of nuclear technology and radiological services. Studsvik has 1,000 employees. The company's shares are listed on the NASDAQ OMX Stockholm.