Studsvik’s interim report for January – June 2013

  • Sales for the second quarter amounted to SEK 319.2 million (330.3), in local currencies, however, sales increased by 2.3 per cent.
     
  • The operating result for the second quarter increased to SEK 7.2 million (–3.0).
     
  • Improved performance in Sweden, UK and USA.
     
  • The order for treatment of steam generators for Bruce Power in Canada, signed in 2009, was annulled. The agreement had a positive effect on second quarter earnings of SEK 11.2 million.
     
  • Cash flow after investments amounted to SEK 18.5 million (31.2).
      
April-June
2013
April-June
2012
Jan-June
2013
Jan-June
2012
Full year
2012
Sales, SEK million 319.2 330.3 616.9 653.0 1,254.9
Operating profit, SEK million 7.2 –3.0 3.3 –12.7 19.4
Profit after tax, SEK million –3.5 –18.0 –14.8 –32.4 –47.8
Cash flow from operating activities, SEK million 25.0 40.0 –2.7 68.6 –7.3
Cash flow after investments, SEK million 18.5 31.2 –14.1 42.9 –56.2
Profit per share after tax, SEK –0.43 –2.19 –1.81 –3.94 –5.82
Net debt, SEK million 135.3 85.4 135.3 85.4 114.5
Equity per share,SEK 56.84 61.97 56.84 61.97 58.19
Net debt/equity ratio, % 28.9 16.7 28.9 16.7 23.9

   
The interim report will be presented at a telephone conference call according to earlier distributed invitation at 2:00 CET pm today.

Please read the full interim 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 more than 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 July 19, 2013 at 08:00 am CET.

www.studsvik.com

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