Studsvik’s Interim Report for January – September 2016

·  The divestment of operations in the Waste Treatment business area was
completed during the quarter.
  ·  Sales in the quarter was SEK 164.6 (189.8) million. In local currencies
sales decreased by 12.7 per cent.
  ·  The operating profit for the quarter amounted to SEK –11.9 (26.1) million.
Items affecting comparability impact earnings by SEK 3.0 (0) million.
  ·  The free cash flow was SEK 183.1 (5.5) million.

+----------------+--------+------------+-----------+-----------+-------------+
|                |July    |July-Sep2015|Jan-Sep2016|Jan-Sep2015|Full year2015|
|                |-Sep2016|            |           |           |             |
|                |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+
|Sales, SEK      |164.6   |189.8       |512.5      |524.3      |721.2        |
|million         |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+
|Operating       |–11.9   |26.1        |–2.4       |25.2       |36.6         |
|profit, SEK     |        |            |           |           |             |
|million         |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+
|Profit after    |0.7     |19.2        |8.3        |11.9       |14.6         |
|tax, SEK        |        |            |           |           |             |
|million         |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+
|Free cash flow, |183.1   |5.5         |151.8      |–38.3      |–29.8        |
|SEK   million*  |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+
|Net debt, SEK   |–18.5   |145.6       |–18.5      |148.5      |134.3        |
|million*        |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+
|Net debt/equity |–5.4    |47.0        |–5.4       |49.2       |45.0         |
|ratio, %*       |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+
|Profit per share|0.08    |2.34        |1.01       |1.45       |1.78         |
|after tax, SEK  |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+
|Equity per      |41.44   |37.69       |41.44      |37.69      |36.30        |
|share, SEK*     |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+
|*Refers to total|        |            |           |           |             |
|operations      |        |            |           |           |             |
+----------------+--------+------------+-----------+-----------+-------------+

The interim report will be presented at a telephone conference call according to
separate distributed invitation at 2:30 PM CEST today.

Please read the full interim report in the attached file.

For further information, please contact:

Michael Mononen, CEO, +46 155 22 10 86 or,

Pål Jarness, CFO, +46 155 22 10 09

Facts about Studsvik

Studsvik offers a range of advanced technical services to the international
nuclear power industry in such areas as consultancy services and fuel and
materials technology. The company has over 65 years’ experience of nuclear
technology and radiological services. Studsvik has 700 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 persons above, on October
21, 2016, at 1:30 pm (CEST).

www.studsvik.com