Studsvik AB: Studsvik’s Interim Report for January – June 2014
NYKÖPING, Sweden--(BUSINESS WIRE)--Regulatory News:
Studsvik AB (STO:SVIK):
· Sales in the quarter were SEK 224.8 (266.5) million. In local currencies sales decreased by 22 per cent.
· Operating profit for the quarter was SEK 0.1 (13.1) million. Items affecting comparability impact earnings by SEK 0.2 (11.2) million.
· Cash flow after investments was SEK –26.6 (18.5) million
|April-June 2014||April-June 2013||Jan-June 2014||Jan-June 2013||Full year 2013|
|Sales, SEK million||224.8||266.5||444.5||517.4||1,001.30|
|Operating profit, SEK million||0.1||13.1||5.4||20.4||16|
|Profit after tax, SEK million||–5.5||2.2||–3.9||2.1||– 22.9|
|Profit per share after tax, SEK||–0.68||0.28||–0.47||0.26||– 2.78|
|Cash flow after investments, SEK million*||–26.6||18.5||–45.0||–14.1||–44.7|
|Equity per share, SEK||33.6||56.84||33.6||56.84||34.83|
|Interest-bearing net debt, SEK million||105.8||134.7||105.8||134.7||155.7|
|Net debt/equity ratio, %||38.3||28.8||38.3||28.8||54.4|
*Refers to total operations. There is a new organization from January 1, 2014. The report presents operations in accordance with that. Unless otherwise stated the information in text and figures refers to operations excluding the USA operations sold.
The interim report will be presented at a telephone conference call according to separate distributed invitation at 1:30 PM today.
Please read the full interim report in the attached file: http://mb.cision.com/Main/4019/9618059/267880.pdf
Facts about Studsvik
Studsvik offers a range of advanced technical services to the international nuclear power industry in such areas as waste treatment, consultancy services and fuel and materials technology. The company has over 65 years’ experience of nuclear technology and radiological services. Studsvik has 900 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 17, 2014 at 1:00 PM CET.
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