Studsvik’s Interim Report for the First Quarter 2024
- Sales amounted to SEK 209.4 (188.8) million, with an operating profit of SEK 12.0 (9.9) million and an operating margin of 5.8 (5.3) per cent.
- During the quarter, business area Scandpower signed a long-term agreement with a US energy company regarding the GARDEL software.
- Studsvik has appointed Peter Teske as Chief Financial Officer and member of the Studsvik Executive Management Group. He will start his appointment 29th of April 2024.
The Group in summary
| Q1 | Jan-dec | |||
| 2024 | 2023 | 2023 | ||
| Net sales, SEK million | 209.4 | 188.8 | 826.0 | |
| Operating profit, EK million | 12.0 | 9.9 | 73.4 | |
| Operating margin, % | 5.8 | 5.3 | 8.9 | |
| Profit after tax, SEK million | 8.5 | 9.2 | 48.6 | |
| Free cash flow, SEK million | -18.6 | 1.6 | 51.4 | |
| Net debt, SEK million | 48.3 | -19.2 | 31.0 | |
| Net debt/equity ratio, % | 11.7 | -4.3 | 8.0 | |
| Profit per share after tax, SEK | 1.03 | 1.12 | 5.91 | |
| Equity per share, SEK | 50.32 | 54.18 | 47.36 | |
The Interim Report will be presented at a telephone conference call according to separately distributed invitation at 14:00 (CEST) today.
Please find the full interim report in the attached file.
For further information, please contact:
Niklas Karlsson, Chief Financial Officer, tel +46 (0)76 002 10 53
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, decontamination and radiation protection as well as technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has more than 75 years’ experience of nuclear technology and radiological services. Studsvik has 530 employees in 7 countries and the company’s shares are listed on Nasdaq Stockholm.
This information is information that Studsvik AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was released for public disclosure, through the agency of the contact person above, on April 25, 2024, at 12:00 am (CEST).
www.studsvik.com