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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