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Studsvik Interim / Quarterly Report 2010

Apr 29, 2010

3208_rns_2010-04-29_bcdea30c-649a-4cf4-a9dc-23b8ae1d6748.pdf

Interim / Quarterly Report

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April 29, 2010

Studsvik's Interim Report for January – March 2010

  • Net sales increased by 25 per cent to SEK 345.8 million (277.0).
  • Operating profit improved by SEK 44.4 million to SEK 23.2 million (–21.2) due to substantially improved profitability in the US operations.
  • Cash flow from operating activities after investments was SEK 19.0 million (–32.0).
Jan–March
2010
Jan–March
2009
Full Year
2009
Net sales,
SEK million
345.8 277.0 1,216.3
Operating profit,
SEK million
23.2 –21.2 –30.0
Profit after tax,
SEK million
12.7 –19.8 –35.2
Cash flow after
investments,
SEK million
19.0 –32.0 –68.9
Profit per share
after tax, SEK
1.55 –2.41 –4.28
Equity per share,
SEK
65.91 74.82 65.82
Equity-assets
ratio, %
37.4 39.7 37.2

The interim report will be presented at a telephone conference call according to earlier distributed invitation at 2:30 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 1,100 employees in 8 countries and the company's shares are listed on the NASDAQ OMX Stockholm.