- Net sales for the second quarter increased to SEK 328.1 million (315.8).
- Operating profit for the second quarter improved by SEK 24.7 million to SEK -14.4 million (-39.1). The profit for the previous year includes non-recurring items of SEK -22.8 million.
- Continued positive trend in the segments Sweden, Germany and Global Services.
- Cash flow from operating activities after investments was SEK 26.8 million (-65.3).
+-----------------+----------+----------+--------+--------+---------+
| |April-June|April-June|Jan-June|Jan-June|Full Year|
| | 2010| 2009| 2010| 2009| 2009|
+-----------------+----------+----------+--------+--------+---------+
|Net sales, | 328.1| 315.8| 673.9| 592.8| 1,216.3|
|SEK million | | | | | |
+-----------------+----------+----------+--------+--------+---------+
|Operating profit,| -14.4| -39.1| 8.8| -60.3| -30.0|
|SEK million | | | | | |
+-----------------+----------+----------+--------+--------+---------+
|Profit after tax,| -16.8| -33.5| -4.1| -53.3| -35.2|
|SEK million | | | | | |
+-----------------+----------+----------+--------+--------+---------+
|Cash flow after | | | | | |
|investments, | | | | | |
|SEK million | 26.8| -65.3 | 45.8| -97.3| -68.9|
| | | | | | |
+-----------------+----------+----------+--------+--------+---------+
|Profit per share | -2.05| -4.06| -0.50| -6.48| -4.28|
|after tax, SEK | | | | | |
+-----------------+----------+----------+--------+--------+---------+
|Equity per share,| 65.56| 67.28| 65.56| 67.28| 65.82|
|SEK | | | | | |
+-----------------+----------+----------+--------+--------+---------+
|Equity-assets | 36.1| 37.7| 36.1| 37.7| 37.2|
|ratio, % | | | | | |
+-----------------+----------+----------+--------+--------+---------+
The interim report will be presented at a telephone conference call according to earlier distributed invitation at 3:00 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 1,200 employees in 8 countries and the company's shares are listed on the NASDAQ OMX Stockholm.
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Source: Studsvik AB via Thomson Reuters ONE
