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2016-07-22

Studsvik AB: Studsvik's Interim Report for January - June 2016

· In April 2016 Studsvik signed an agreement to sell the company's
operations in the Waste Treatment business area in Sweden and the
United Kingdom.

· Sales in the quarter were by and large unchanged at SEK 176.3
(177.7) million. In local currencies sales increased by 0.2 per cent.

· The operating profit for the quarter amounted to SEK -1.2 (0.8)
million. Items affecting comparability impact earnings by SEK -5.0
(0) million.

· The free cash flow was SEK -29.2 (-38.9) million.
+----------------+-----+------+-------------+-------------+--------------+
| |April| April|Jan-June 2016|Jan-June 2015|Full year 2015|
| |-June| -June| | | |
| | 2016| 2015| | | |
+----------------+-----+------+-------------+-------------+--------------+
|Sales, SEK |176.3| 177.7| 347.9| 334.5| 721.2|
|million | | | | | |
+----------------+-----+------+-------------+-------------+--------------+
|Operating | -1.2| 0.8| 9.5| -0.9 | 36.6|
|profit, SEK | | | | | |
|million | | | | | |
+----------------+-----+------+-------------+-------------+--------------+
|Profit after | 1.7| -4.9| 7.6| -7.3| 14.6 |
|tax, SEK | | | | | |
|million | | | | | |
+----------------+-----+------+-------------+-------------+--------------+
|Free cash flow, |-29.2| -38.9| -31.3| -43.7| -29.8|
|SEK million* | | | | | |
+----------------+-----+------+-------------+-------------+--------------+
|Net debt, SEK |165.9| 148.5| 165.9| 148.5| 134.3|
|million* | | | | | |
+----------------+-----+------+-------------+-------------+--------------+
|Net debt/equity | 61.9| 49.2| 61.9| 49.2| 45.0|
|ratio, %* | | | | | |
+----------------+-----+------+-------------+-------------+--------------+
|Profit per share| 0.20|-0.60 | 0.92| -0.89 | 1.78|
|after tax, SEK | | | | | |
+----------------+-----+------+-------------+-------------+--------------+
|Equity per |32.62| 36.70| 32.62| 36.70| 36.30|
|share, SEK* | | | | | |
+----------------+-----+------+-------------+-------------+--------------+
|*Refers to | | | | | |
|total | | | | | |
|operations | | | | | |
+----------------+-----+------+-------------+-------------+--------------+

The interim report will be presented at a telephone conference call
according to separate distributed invitation at 1:30 PM CET today.

Please read the full interim report in the attached file.

For further information, please contact:

Michael Mononen, CEO, +46 155 22 10 86 or, Pål Jarness, CFO, +46 155
22 10 09

Facts about Studsvik

Studsvik offers a range of advanced technical services to the
international nuclear power industry in such areas as consultancy
services and fuel and materials technology. The company has over 65
years' experience of nuclear technology and radiological services.
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 and the
Securities Market Act. The information was released for public
disclosure, through the agency of the contact persons above, on July
22, 2016, at 08:30 am (CEST).

www.studsvik.com

-----------------------------------------------------------
http://news.cision.com/studsvik-ab/r/studsvik-s-interim-report-for-janua...
http://mb.cision.com/Main/4019/2049725/542791.pdf
http://mb.cision.com/Public/4019/2049725/bf4b3abd32cc8dbf.pdf

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