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Studsvik — Interim / Quarterly Report 2012
Jul 20, 2012
3208_rns_2012-07-20_ab32a724-a9ae-4986-a660-ec94870befd6.pdf
Interim / Quarterly Report
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July 20, 2012
Studsvik's Interim Report for January – June 2012
- 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 2012 |
April-June 2011 |
Jan-June 2012 |
Jan-June 2011 |
Full year 2011 |
|
|---|---|---|---|---|---|
| Sales, SEK million | 330.3 | 290.0 | 653.0 | 587.2 | 1,200.7 |
| Operating profit, SEK million | –3.0 | 2.4 | –12.7 | 11.1 | 53.6 |
| Profit after tax, SEK million | –18.0 | –1.1 | –32.4 | –0.2 | 22.7 |
| Cash flow from operating activities, SEK million |
40.0 | 23.1 | 68.6 | 62.7 | 151.1 |
| Cash flow after investments, SEK million |
31.2 | 9.2 | 42.9 | 34.1 | 95.7 |
| Profit per share after tax, SEK | –2.19 | –0.14 | –3.94 | –0.03 | 2.77 |
| Net debt, SEK million | 85.4 | 162.1 | 85.4 | 162.1 | 95.6 |
| Equity per share, SEK |
61.97 | 62.06 | 61.97 | 62.06 | 66.77 |
| 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