Studsvik’s Interim Report for the Third Quarter 2018
- Sales in the third quarter were SEK 167.2 (183.3) million, which in local currencies means a decrease of 14 per cent.
- Operating profit for the third quarter amounted to SEK 9.5 (15.5) million. Items affecting comparability of SEK 9.7 (–0.1) million are included.
- Free cash flow during the quarter was SEK −0.8 (–10.4) million
| July-Sept 2018 | July-Sept 2017 | Jan-Sept 2018 | Jan-Sept 2017 | Full year 2017 | |
| Sales, SEK million | 167.2 | 183.3 | 538.6 | 539.5 | 704.8 |
| Operating profit, SEK million | 9.5 | 15.5 | 33.7 | −5.9 | –41.6 |
| Profit after tax, SEK million | 4.5 | 11.1 | 14.9 | −15.0 | –45.0 |
| Free cash flow, SEK million | −0.8 | −10.4 | 24.8 | −53.5 | –84.2 |
| Net debt, SEK million | 73.4 | 71.2 | 73.4 | 71.2 | 101.2 |
| Net debt/equity ratio, % | 22.9 | 23.1 | 22.9 | 23.1 | 35.1 |
| Profit per share after tax, SEK | 0.55 | 1.35 | 1.81 | −1.83 | –5.47 |
| Equity per share, SEK | 39.02 | 37.76 | 39.02 | 37.76 | 35.09 |
The interim report will be presented at a telephone conference call according to separate distributed invitation at 2:00 PM CEST today.
Please read the full interim report in the attached file.
For further information, please contact:
Pål Jarness, CFO, +46 155 22 10 09, or
Camilla Hoflund, CEO, +46 155 22 10 66
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 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 persons above, on October 22, 2018, at 1:00 PM (CEST).
www.studsvik.com