Studsvik’s Year-end Report for January – December 2013

  · On February 11 Studsvik signed an agreement to sell the main part of the
waste treatment operations in the USA. The purchaser is expected to take over
operations on March 1, but will be responsible for the result from January 1,
2014. Through the transaction Studsvik is eliminating a considerable financial
risk.
  · Fourth quarter sales in continuing operations were SEK 266.9 (261.1) million
and SEK 1,001.3 (1,012.9) million for the year, in local currencies an increase
of 2.5 per cent during the quarter and 13 per cent for the year.
  · The fourth quarter operating result in the continuing operations was SEK
–10.1 (12.6) million and SEK 16.0 (15.2) million for the year.
  · Non-recurring items of SEK –28.3 (–8.7) million are recognized as an expense
in the fourth quarter and of SEK –32.5 (–8.7) million for the year. The items
mainly refer to measures to adapt the organization in Germany. The operations
for sale are included in the Group’s net results in the amount of SEK –171.6
(8.8) million for the fourth quarter and SEK –173.9 (–34.2) million for the
year.
  · Adjusted for non-recurring items the operating result for the fourth quarter
was SEK 18.2 (21.3) million and SEK 48.5 (23.9) million for the year.
  · The Board of Directors proposes that no dividend be distributed.

+-------------------------+-----+------------+--------------+--------------+
|                         |Oct  |Oct-Dec 2012|Full year 2013|Full year 2012|
|                         |-Dec |            |              |              |
|                         |2013 |            |              |              |
+-------------------------+-----+------------+--------------+--------------+
|Sales, SEK million       |266.9|261.1       |1,001.3       |1,012.9       |
+-------------------------+-----+------------+--------------+--------------+
|Operating profit, SEK    |–10.1|12.6        |16.0          |15.2          |
|million                  |     |            |              |              |
+-------------------------+-----+------------+--------------+--------------+
|Profit after tax, SEK    |–13.4|3.7         |–22.9         |–13.6         |
|million                  |     |            |              |              |
+-------------------------+-----+------------+--------------+--------------+
|Profit per share after,  |–1.63|0.45        |–2.78         |–1.65         |
|SEK                      |     |            |              |              |
+-------------------------+-----+------------+--------------+--------------+
|Cash flow from operating |21.7 |36.8        |–24.6         |–7.3          |
|activities,   SEK        |     |            |              |              |
|million*                 |     |            |              |              |
+-------------------------+-----+------------+--------------+--------------+
|Cash flow after          |16.7 |24.1        |–44.7         |–56.2         |
|investments, SEK million*|     |            |              |              |
+-------------------------+-----+------------+--------------+--------------+
|Equity per share, SEK    |34.83|58.19       |34.83         |58.19         |
|million                  |     |            |              |              |
+-------------------------+-----+------------+--------------+--------------+
|Net debt, SEK million    |155.7|114.5       |155.7         |114.5         |
+-------------------------+-----+------------+--------------+--------------+
|Net debt/equity ratio, % |54.4 |23.9        |54.4          |23.9          |
+-------------------------+-----+------------+--------------+--------------+
|*Refers to total                                                          |
|operations                                                                |
+-------------------------+-----+------------+--------------+--------------+

The year-end report will be presented at a telephone conference call according
to separate distributed invitation at 11:00 AM today.

Please read the full year-end report in the attached file.

Facts about Studsvik

Studsvik offers a range of advanced technical services to the international
nuclear power industry in such areas as waste treatment, consultancy services
and operating efficiency. The company has over 65 years’ experience of nuclear
technology and radiological services. Studsvik has 1,000 employees in 7
countries and the company’s shares are listed on the NASDAQ OMX Stockholm.

Studsvik is publishing this information pursuant to the Securities Market Act
and/or the Financial Instruments Trading Act. The Information was released for
public disclosure on February 12, 2014 at 08:01 AM CET.

www.studsvik.com