Studsvik’s Interim Report for the third quarter 2019
- Sales in the third quarter decreased in local currencies by 12 per cent and amounted to SEK 151.2 (167.2) million.
- Operating profit for the quarter amounted to SEK –4.1 (9.5) million. Items affecting comparability of SEK –8.5 (9.7) million are included. Adjusted for these items, the operating profit was SEK 4.4 (–0.2) million.
- The free cash flow during the quarter was SEK 1.9 (–0.8) million.
| July-Sept 2019 | July-Sept 2018 | Jan-Sept 2019 | Jan-Sept 2018 | Full year 2018 | |
| Sales, SEK million | 151.2 | 167.2 | 451.4 | 538.6 | 726.1 |
| Operating profit, SEK million | −4.1 | 9.5 | −30.8 | 33.7 | 33.5 |
| Profit after tax, SEK million | −5.8 | 4.5 | −39.7 | 14.9 | 8.7 |
| Free cash flow, SEK million | 1.9 | −0.8 | −46.0 | 24.8 | 54.2 |
| Net debt, SEK million | 84.6 | 73.4 | 84.6 | 73.4 | 44.4 |
| Net debt/equity ratio, % | 28.2 | 22.9 | 28.2 | 22.9 | 14.0 |
| Profit per share after tax, SEK | −0.71 | 0.55 | −4.83 | 1.81 | 1.06 |
| Equity per share, SEK | 36.58 | 39.02 | 36.58 | 39.02 | 38.47 |
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 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 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 October 22, 2019, at 1:00 PM (CET).
www.studsvik.com