· Sales for the second quarter amounted to SEK 319.2 million (330.3), in local currencies, however, sales increased by 2.3 per cent. · The operating result for the second quarter increased to SEK 7.2 million (–3.0). · Improved performance in Sweden, UK and USA. · The order for treatment of steam generators for Bruce Power in Canada, signed in 2009, was annulled. The agreement had a positive effect on second quarter earnings of SEK 11.2 million. · Cash flow after investments amounted to SEK 18.5 million (31.2). +------------------------+----------+----------+--------+--------+---------+ | |April-June|April-June|Jan-June|Jan-June|Full year| | | 2013| 2012| 2013| 2012| 2012| +------------------------+----------+----------+--------+--------+---------+ |Sales, SEK million | 319.2| 330.3| 616.9| 653.0| 1,254.9| +------------------------+----------+----------+--------+--------+---------+ |Operating profit, SEK | 7.2| –3.0| 3.3| –12.7| –19.4| |million | | | | | | +------------------------+----------+----------+--------+--------+---------+ |Profit after tax, SEK | –3.5| –18.0| –14.8| –32.4| –47.8| |million | | | | | | +------------------------+----------+----------+--------+--------+---------+ |Cash flow from operating| 25.0| 40.0| –2.7| 68.6| –7.3| |activities, SEK million | | | | | | +------------------------+----------+----------+--------+--------+---------+ |Cash flow after | 18.5| 31.2| –14.1| 42.9| –56.2| |investments, SEK million| | | | | | +------------------------+----------+----------+--------+--------+---------+ |Profit per share after | –0.43| –2.19| –1.81| –3.94| –5.82| |tax, SEK | | | | | | +------------------------+----------+----------+--------+--------+---------+ |Net debt, SEK million | 135.3| 85.4| 135.3| 85.4| 114.5| +------------------------+----------+----------+--------+--------+---------+ |Equity per share,SEK | 56.84| 61.97| 56.84| 61.97| 58.19| +------------------------+----------+----------+--------+--------+---------+ |Net debt/equity ratio, %| 28.9| 16.7| 28.9| 16.7| 23.9| +------------------------+----------+----------+--------+--------+---------+ The interim report will be presented at a telephone conference call according to earlier distributed invitation at 2:00 CET 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 more than 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 19, 2013 at 08:00 am CET. www.studsvik.com
Studsvik’s interim report for January – June 2013
| Source: Studsvik AB