Studsvik’s Year-end Report for January-December 2017

By , in PR PR Sci/Tech on .

  • Sales in the quarter were SEK 165.4 (246.3) million. In local currencies sales decreased by 33 per cent.
  • Operating profit for the quarter amounted to SEK -35.7 (27.0) million. Items affecting comparability reduced earnings for the quarter by SEK 14.9 (8.3) million.
  • Free cash flow for the quarter was SEK –30.6 (–22.2) million.
Oct-Dec2017 Oct-Dec2016 Full year2017 Full year2016
Sales, SEK million 165.4 246.3 704.8 758.8
Operating profit, SEK million –35.7 27.0 –41.6 24.7
Profit after tax, SEK million –30.0 1.9 –45.0 8.1
Free cash flow, SEK million* –30.6 –22.2 –84.2 129.6
Net debt, SEK million 101.2 2.9 101.2 2.9
Net debt/equity ratio, % 35.1 0.8 35.1 0.8
Profit per share after tax, SEK –3.65 1.06 –5.47 0.99
Equity per share, SEK* 35.09 42.41 35.09 42.41
* Refers to total operations 2016

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:

PÃ¥l Jarness, CFO, +46 155 22 10 09, or

Camilla Hoflund, CEO, +46 155 22 10 66

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 and consultancy services within waste treatment technology, decommissioning, NORM and solutions for final disposal. The company has 70 years’ nuclear technology and radiological service experience. 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 February 15, 2018, at 13:00 (CEST).

www.studsvik.com

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Maria Burns

Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.
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