Studsvik’s Interim Report for the Third Quarter 2021
Highlights in the quarter
- A contract for materials testing with an order value of about SEK 40 million was signed with a Chinese customer.
- An agreement was signed on the sale of an area of land on the Studsvik site. The transaction had an impact on earnings of SEK 11.5 million and a cash flow effect of SEK 16 million in the third quarter.
| Quarter | 9 months | Full year | |||
| Q3 2021 | Q3 2020 | 2021 | 2020 | 2020 | |
| Sales, SEK million | 181.8 | 187.7 | 545.8 | 508.4 | 721.9 |
| Operating profit, SEK million | 21.9 | 23.1 | 47.3 | 36.2 | 46.0 |
| Operating margin, % | 12.1 | 12.3 | 8.7 | 7.1 | 6.4 |
| Profit after tax, SEK million | 14.7 | 18.7 | 30.2 | 26.4 | 35.2 |
| Free cash flow, SEK million | 43.5 | –9.9 | 36.5 | 25.2 | 64.9 |
| Net debt, SEK million | –7.5 | 60.7 | –7.5 | 60.7 | 24.8 |
| Net debt/equity ratio, % | –2.2 | 18.7 | –2.2 | 18.7 | 7.9 |
| Profit per share after tax, SEK | 1.79 | 2.28 | 3.67 | 3.21 | 4.28 |
| Equity per share, SEK | 42.33 | 39.53 | 42.33 | 39.53 | 38.13 |
The Interim Report will be presented at a telephone conference call according to separately distributed invitation at 1:30 PM CET today.
Please read the full interim report in the attached file.
For further information, please contact:
Camilla Hoflund, CEO, +46 760 02 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, 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 October 21, 2021, at 12:00 pm (CET).
www.studsvik.com