Studsvik’s Interim Report for the Fourth Quarter 2021

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Strong close to the year

  • Sales in the quarter increased to SEK 252.5 (213.5) million with an operating profit of SEK 38.5 (9.8) million and an operating margin of 15.2 (4.6) per cent. The profit includes SEK 20 million from a renegotiation of a license agreement.
  • Sales in the year as a whole were thus SEK 798.3 (721.9) with an operating profit of SEK 85.8 (46.0) million and an operating margin of 10.7 (6.4) per cent. Excluding the proceeds from a sale of land in the third quarter the operating margin was 9.4 (6.4) per cent.
  • The Board of Directors proposes a dividend of SEK 2 per share and has established new financial targets.
Quarter Full year
Q4 2021 Q4 2020 2021 2020
Sales, SEK million 252.5 213.5 798.3 721.9
Operating profit, SEK million 38.5 9.8 85.8 46.0
Operating margin, % 15.2 4.6 10.7 6.4
Profit after tax, SEK million 33.0 8.8 63.2 35.2
Free cash flow, SEK million 37.0 39.7 73.5 64.9
Net debt, SEK million –44.9 24.8 –44.9 24.8
Net debt/equity ratio, % –11.8 7.9 –11.8 7.9
Profit per share after tax, SEK 4.01 1.07 7.69 4.28
Equity per share, SEK 47.14 38.13 47.14 38.13

The Interim Report will be presented at a telephone conference call according to separately distributed invitation at 11:00 AM CET today.

Please read 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 70 years’ experience of nuclear technology and radiological services. Studsvik has 520 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 February 10, 2022, at 07:30 am (CET).