· Sales for the second quarter amounted to SEK 330.3 million (290.0), an increase of 12.5 per cent in local currencies. · The operating result for the second quarter amounted to SEK -3.0 million (2.4). · The operating result increased in Sweden, the UK and Global Services, but deteriorated in the USA and Germany. · Cash flow after investments amounted to SEK 31.2 million (9.2). · Net interest-bearing debt decreased to SEK 85.4 million (162.1). · Final disposal agreement signed with WCS. This eliminates major uncertainty related to Erwin. +----------------------------+----------+----------+--------+--------+---------+ | |April-June|April-June|Jan-June|Jan-June|Full year| | | 2012| 2011| 2012| 2011| 2011| +----------------------------+----------+----------+--------+--------+---------+ |Sales, SEK million | 330.3| 290.0| 653.0| 587.2| 1,200.7| +----------------------------+----------+----------+--------+--------+---------+ |Operating profit, SEK | -3.0| 2.4| -12.7| 11.1| 53.6| |million | | | | | | +----------------------------+----------+----------+--------+--------+---------+ |Profit after tax, SEK | -18.0| -1.1| -32.4| -0.2| 22.7| |million | | | | | | +----------------------------+----------+----------+--------+--------+---------+ |Cash flow from operating | 40.0| 23.1| 68.6| 62.7| 151.1| |activities, SEK million | | | | | | +----------------------------+----------+----------+--------+--------+---------+ |Cash flow after investments,| 31.2| 9.2| 42.9| 34.1| 95.7| |SEK million | | | | | | +----------------------------+----------+----------+--------+--------+---------+ |Profit per share after tax, | -2.19| -0.14| -3.94| -0.03| 2.77| |SEK | | | | | | +----------------------------+----------+----------+--------+--------+---------+ |Net debt, SEK million | 85.4| 162.1| 85.4| 162.1| 95.6| +----------------------------+----------+----------+--------+--------+---------+ |Equity per share, | 61.97| 62.06| 61.97| 62.06| 66.77| |SEK | | | | | | +----------------------------+----------+----------+--------+--------+---------+ |Equity/assets ratio, % | 36.2| 37.7| 36.2| 37.7| 37.7| +----------------------------+----------+----------+--------+--------+---------+ The interim report will be presented at a telephone conference call according to earlier distributed invitation at 2:00 PM today. Please read the full interim 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, decommissioning, engineering & services, and operating efficiency. The company has 60 years experience of nuclear technology and radiological services. Studsvik is a leading supplier on a rapidly expanding market. The business is conducted through five segments: Sweden, United Kingdom, Germany, USA and Global Services. Studsvik has 1,100 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 July 20, 2012 at 01:00 PM CET. www.studsvik.com [HUG#1628271]
Studsvik's Interim Report for January - June 2012
| Source: Studsvik AB