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Studsvik — Interim / Quarterly Report 2008
Oct 29, 2008
3208_rns_2008-10-29_183caf50-c8e7-429b-9dd1-552513f1d959.pdf
Interim / Quarterly Report
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Studsvik's Interim Report for January-September 2008
- Profit for the period January-September was SEK 20.7 million (46.8). Adjusted for non-recurring items, the profit was substantially unchanged.
- Positive earnings trend for most segments during the quarter.
- Poor performance in the US due to temporary closure of the Erwin facility. The facility will be brought back into operation towards the end of the fourth quarter.
- The consulting company ALARA Engineering AB was acquired after the close of the reporting period.
| July September 2008 |
July September 2007 |
January September 2008 |
January September 2007 |
Full year 2007 |
|
|---|---|---|---|---|---|
| Net sales, SEK million | 274.2 | 325.1 | 964.8 | 944.1 | 1,314.7 |
| Operating profit, SEK million | –4.4 | 8.8 | 20.7 | 46.8 | 62.1 |
| Profit after tax, SEK million | –3.7 | 4.6 | 8.4 | 34.2 | 47.2 |
| Profit per share after tax, SEK |
–0.31 | 0.58 | 0.68 | 4.18 | 5.65 |
| Equity per share, SEK | 70.28 | 68.30 | 70.28 | 68.30 | 69.58 |
| Equity-assets ratio, % | 42.3 | 43.3 | 42.3 | 43.3 | 42.5 |
For further information please contact: Magnus Groth, President and CEO, cell phone +46 709 67 70 86 between 2:30 PM and 3:00 PM, CET.
The interim report will be presented at a telephone conference call according to earlier distributed invitation at 3:30 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 1,200 employees in 7 countries and the company's shares are listed on the NASDAQ OMX Stockholm.