Studsvik’s Interim Report for the Fourth Quarter 2020
- Sales in the fourth quarter increased by 8 per cent in local currency and amounted to SEK 213.5 (202.6) million.
- Operating profit was SEK 9.8 (20.4) million.
- The free cash flow improved to SEK 39.7 (7.2) million.
- The Board of Directors proposes a dividend of SEK 1 per share.
- The Annual General Meeting is postponed to June 23, 2021, to increase the chances of physical attendance.
Oct-Dec 2020 |
Oct-Dec 2019 |
Full year 2020 |
Full year 2019 |
|
Sales, SEK million | 213.5 | 202.6 | 721.9 | 654.0 |
Operating profit, SEK million | 9.8 | 20.4 | 46.0 | –10.4 |
Profit after tax, SEK million | 8.8 | 11.7 | 35.2 | –28.0 |
Free cash flow, SEK million | 39.7 | 7.2 | 64.9 | –38.8 |
Net debt, SEK million | 24.8 | 82.9 | 24.8 | 82.9 |
Net debt/equity ratio, % | 7.9 | 27.4 | 7.9 | 27.4 |
Profit per share after tax, SEK | 1.07 | 1.42 | 4.28 | –3.41 |
Equity per share, SEK | 38.13 | 36.84 | 38.13 | 36.84 |
The Interim Report will be presented at a telephone conference call according to separate distributed invitation at 2:00 PM CET today.
Please read the full interim report in the attached file.
For further information, please contact:
Claes Engvall, CFO, +46 722 310 458
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 and technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has over 70 years nuclear technology and radiological service experience. Studsvik has 517 employees in 7 countries and the company’s shares are listed on the 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 February 12, 2021, at 12:30 (CET).
www.studsvik.com