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Studsvik AB : Studsvik's Interim Report for January - September 2011


October 27, 2011 - London

  • Sales for the third quarter amounted to SEK 252.8 million (295.3), a decrease of 12 per cent in local currencies.
  • The operating loss for the third quarter amounted to SEK -10.1million (-9.1).
  • Cash flow from operating activities after investments improved to SEK 16.0 million (11.9).
  • Net debt decreased to SEK 157.3 million (214.0).
  • Reduced losses in the USA and the UK.
July-Sept
2011
July-Sept
2010
Jan-Sept
2011
Jan-Sept
2010
Full year
2010
Sales,
SEK million
252.8 295.3 840.0 969.2 1,344.1
Operating profit,
SEK million
-10.1 -9.1 1.0 -0.3 33.4
Profit after tax,
SEK million
-14.8 -17.1 -15.0 -21.2 4.0
Cash flow from operating activities, SEK million 27.2 16.8 89.9 80.1 107.5
Cash flow after investments, SEK million 16.0 11.9 50.1 66.0 81.9
Profit per share
after tax, SEK
-1.80 -2.09 -1.82 -2.59 0.49
Net debt, SEK million 157.3 214.0 157.3 214.0 207.6
Equity per share,
SEK
62.30 61.11 62.30 61.11 63.37
Equity/assets
ratio, %
37.2 36.9 37.2 36.9 36.5

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 1,200 employees in 8 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 October 27, 2011 at 01:00 PM CET.

www.studsvik.com

Interim Report January-September 2011
Press release as PDF



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Studsvik AB via Thomson Reuters ONE

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