Studsvik’s Interim Report for the second quarter 2019
- Sales in the second quarter decreased in local currencies by 10 per cent and amounted to SEK 160.3 (174.0) million.
- Operating profit for the quarter amounted to SEK −8.1 (2.0) million.
- The free cash flow during the quarter was SEK −14.9 (4.0) million.
| April-June 2019 |
April-June 2018 |
Jan-June 2019 |
Jan-June 2018 |
Full year 2018 |
|
| Sales, SEK million | 160.3 | 174.0 | 300.2 | 371.4 | 726.1 |
| Operating profit, SEK million | −8.1 | 2.0 | −26.7 | 24.2 | 33.5 |
| Profit after tax, SEK million | −10.8 | −2.2 | −33.9 | 10.5 | 8.7 |
| Free cash flow, SEK million | −14.9 | 4.0 | −47.9 | 25.6 | 54.2 |
| Net debt, SEK million | 92.4 | 71.6 | 92.4 | 71.6 | 44.4 |
| Net debt/equity ratio, % | 31.2 | 22.3 | 31.2 | 22.3 | 14.0 |
| Profit per share after tax, SEK | −1.31 | −0.27 | −4.12 | 1.27 | 1.06 |
| Equity per share, SEK | 36,03 | 39,00 | 36,03 | 39,00 | 38.47 |
The interim report will be presented at a telephone conference call according to separate distributed invitation at 1:00 PM CEST today.
Please read the full 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 consultancy services within waste treatment technology, decommissioning, NORM and solutions for final disposal. The company has over 70 years’ nuclear technology and radiological service experience. Studsvik has 600 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. The information was released for public disclosure, through the agency of the contact person above, on July 22, 2019, at 11:00 AM (CEST).
www.studsvik.com