Studsvik’s Interim Report for the Second Quarter 2023
- The operating profit for the Group was SEK 12.0 million compared with SEK 8.2 million in the previous year.
- Good license revenue for the Scandpower business area.
- New contract for waste treatment and decommissioning services in the Swedish market.
- Delays in advancement of projects in the Fuel and Materials Technology business area.
- Two new operations established on the Studsvik site.
| Quarter | 6 months | Full year | |||
| Q2 2023 | Q2 2022 | 2023 | 2022 | 2022 | |
| Sales, SEK million | 213.6 | 203.1 | 402.4 | 390.9 | 814.8 |
| Operating profit, SEK million | 12.0 | 8.2 | 21.9 | 15.2 | 74.9 |
| Operating margin, % | 5.6 | 4.0 | 5.4 | 3.9 | 9.2 |
| Profit after tax, SEK million | 5.1 | 3.1 | 14.3 | 3.2 | 47.9 |
| Free cash flow, SEK million | 33.8 | –33.6 | 35.4 | –74.0 | –17.6 |
| Net debt, SEK million | –36.4 | 39.6 | –36.4 | 39.6 | –18.9 |
| Net debt/equity ratio, % | –8.2 | 9.9 | –8.2 | 9.9 | –4.3 |
| Profit per share after tax, SEK | 0.62 | 0.38 | 1.74 | 0.40 | 5.82 |
| Equity per share, SEK | 54.25 | 48.44 | 54.25 | 48.44 | 53.05 |
The Interim Report will be presented at a telephone conference call according to separately distributed invitation at 13:00 (CEST) today.
Please find the full interim report in the attached file.
For further information, please contact:
Niklas Karlsson, Chief Financial Officer, tel +46 (0)76 002 10 53
Facts about Studsvik
Studsvik offers a range of advanced technical services to the global nuclear power industry. Studsvik’s business focus areas are fuel and materials technology, reactor analysis software, decontamination and radiation protection as well as technical platforms for handling, conditioning and volume reduction of radioactive waste. The company has more than 75 years’ experience of nuclear technology and radiological services. Studsvik has 520 employees in 7 countries and the company’s shares are listed on Nasdaq Stockholm.
This information is information that Studsvik AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was released for public disclosure, through the agency of the contact person above, on July 20, 2023, at 11:15 am (CEST).
www.studsvik.com
