Studsvik’s Year-end Report for January – December 2012

  • Sales for the fourth quarter amounted to SEK 340.2 million (360.7) and in January-December to SEK 1,254.9 (1,200.7), which means a decrease of 4.4 per cent in local currencies during the quarter and an increase of 4.1 per cent for the full year.
  • The operating result for the fourth quarter amounted to SEK 21.2 million (52.6) and for January-December to SEK –19.4 million (53.6). The decrease in earnings is mainly attributable to the USA.
  • An agreement was signed for treatment of 10 heat exchangers from England in 2013 and 2014, valued at about SEK 150 million.
  • An agreement was signed on the sale of the French subsidiary Studsvik SAS.
  • Cash flow after investments for the fourth quarter amounted to SEK 24.1 million (45.6) and for the period January-December, to SEK –56.2 million (95.7).
  • The Board of Directors proposes that no dividend be distributed in 2013 (SEK 1.00).
  • Michael Mononen will take over as President on March 1.

Oct-Dec2012 Oct-Dec2011 Full year2012 Full year2011
Sales, SEK million 340.2 360.7 1,254.9 1,200.7
Operating profit, SEK million 21.2 52.6 19.4 53.6
Profit after tax, SEK million 12.5 37.7 –47.8 22.7
Cash flow from operating activities, SEK million 36.8 61.2 –7.3 151.1
Cash flow after investments, SEK million 24.1 45.6 –56.2 95.7
Profit per share after tax, SEK 1.51 4.59 –5.82 2.77
Net debt, SEK million 114.5 95.6 114.5 95.6
Equity per share,SEK 58.19 66.77 58.19 66.77
Equity/assets ratio, % 36.3 37.7 36.3 37.7

The year-end report will be presented at a telephone conference call according to earlier distributed invitation at 2:30 PM today.

Please read the full year-end report in the attached file.

Facts about Studsvik

Studsvik offers a range of advanced technical services to the international nuclear power industry in such areas as waste treatment, decommissioning, engineering & services, and operating efficiency. The company has 60 years experience of nuclear technology and radiological services. Studsvik is a leading supplier on a rapidly expanding market. The business is conducted through five segments: Sweden, United Kingdom, Germany, USA and Global Services. Studsvik has 1,100 employees in
7 countries and the company’s shares are listed on the NASDAQ OMX Stockholm.

Studsvik is publishing this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The Information was released for public disclosure on February 14, 2013 at 01:00 PM CET.

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.