Studsvik’s Interim Report for January – September 2012
- Sales for the third quarter amounted to SEK 261.7 million (252.8), which means a decrease of 2.7 per cent in local currencies.
- The operating result for the third quarter amounted to SEK –27.9 million (–10.1).
- The operating result was reduced by non-recurring items in the USA of SEK –18.3 million.
- Cash flow after investments for the third quarter amounted to SEK –123.2 million (16.0) and was reduced by payments totaling SEK 93.8 million for final disposal of waste in the USA.
- Studsvik’s President Anders Jackson will leave the company at a date to be decided later.
| July-Sept 2012 | July-Sept 2011 | Jan-Sept 2012 |
Jan-Sept 2011 |
Full year 2011 |
|
| Sales, SEK million | 261.7 | 252.8 | 914.7 | 840.0 | 1,200.7 |
| Operating profit, SEK million | –27.9 | –10.1 | –40.6 | 1.0 | 53.6 |
| Profit after tax, SEK million | –27.9 | –14.8 | –60.3 | –15.0 | 22.7 |
| Cash flow from operating activities, SEK million | –112.7 | 27.2 | –44.1 | 89.9 | 151.1 |
| Cash flow after investments, SEK million | –123.2 | 16.0 | –80.3 | 50.1 | 95.7 |
| Profit per share after tax, SEK | –3.39 | –1.80 | –7.33 | –1.82 | 2.77 |
| Net debt, SEK million | 141.7 | 157.3 | 141.7 | 157.3 | 95.6 |
| Equity per share,SEK | 56.66 | 62.30 | 56.66 | 62.30 | 66.77 |
| Equity/assets ratio, % | 35.7 | 37.2 | 35.7 | 37.2 | 37.7 |
The interim report will be presented at a telephone conference call according to earlier distributed invitation at 2:00 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 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 October 26, 2012 at 01:00 PM CET.
www.studsvik.com