- 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|Jan-March|Full Year| | | 2010| 2009| 2009| +----------------------------------+---------+---------+---------+ |Net sales, | 345.8| 277.0| 1,216.3| |SEK million | | | | +----------------------------------+---------+---------+---------+ |Operating profit, | 23.2| -21.2| -30.0| |SEK million | | | | +----------------------------------+---------+---------+---------+ |Profit after tax, | 12.7| -19.8| -35.2| |SEK million | | | | +----------------------------------+---------+---------+---------+ |Cash flow after investments, | | | | |SEK million | 19.0| -32.0| -68.9| +----------------------------------+---------+---------+---------+ |Profit per share | 1.55| -2.41| -4.28| |after tax, SEK | | | | +----------------------------------+---------+---------+---------+ |Equity per share, | 65.91| 74.82| 65.82| |SEK | | | | +----------------------------------+---------+---------+---------+ |Equity-assets | 37.4| 39.7| 37.2| |ratio, % | | | | | | | | | +----------------------------------+---------+---------+---------+
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.
