Studsvik’s Interim Report for the Third Quarter 2017

  • Sales in the quarter were SEK 183.3 (164.6) million. In local currencies sales increased by 12 per cent.
  • Operating profit for the quarter amounted to SEK 15.5 (–11.9) million. Items affecting comparability reduced earnings by SEK –0.1 (–3.7) million.
  • Free cash flow excluding the effect of divested operations was SEK –10.4 (–23.1) million.
July-Sept 2017 July-Sept 2016 Jan-Sept 2017 Jan-Sept 2016 Full year 2016
Sales, SEK million 183.3 164.6 539.5 512.5 758.8
Operating profit, SEK million 15.5 –11.9 5.9 2.4 24.7
Profit after tax, SEK million 11.1 –1.3 –15.0 5.0 8.1
Free cash flow, SEK million* –10.4 183.1 –53.5 151.8 129.6
Net debt, SEK million 71.2 18.5 71.2 18.5 2.9
Net debt/equity ratio, % 23.1 –5.4 23.1 –5.4 0.8
Profit per share after tax, SEK 1.35 –0.16 –1.83 0.61 0.99
Equity per share, SEK* 37.76 41.44 37.76 41.44 42.41
* Refers to total operations

The interim report will be presented at a telephone conference call according to separate distributed invitation at 2:00 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 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 October 20, 2017, 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.