* Sales for the second quarter amounted to SEK 290.0 million (328.1), which in
local currencies is a decrease of 4.6 per cent.
* The operating profit for the second quarter increased to SEK 2.4 million (-
14.4).
* Improved market situation and inflow of orders in the United Kingdom.
* Cash flow from operating activities after investments was SEK 9.2 million
(30.9).
+----------------------------+----------+----------+--------+--------+---------+
| |April-June|April-June|Jan-June|Jan-June|Full year|
| | 2011| 2010| 2011| 2010| 2010|
+----------------------------+----------+----------+--------+--------+---------+
|Sales, | 290.0| 328.1| 587.2| 673.9| 1,344.1|
|SEK million | | | | | |
+----------------------------+----------+----------+--------+--------+---------+
|Operating profit, | 2.4| -14.4| 11.1| 8.8| 33.4|
|SEK million | | | | | |
+----------------------------+----------+----------+--------+--------+---------+
|Profit after tax, | -1.1| -16.8| -0.2| -4.1| 4.0|
|SEK million | | | | | |
+----------------------------+----------+----------+--------+--------+---------+
|Cash flow from operating | 23.1| 39.7| 62.7| 68.4| 107.5|
|activities, SEK million | | | | | |
+----------------------------+----------+----------+--------+--------+---------+
|Cash flow after investments,| 9.2| 30.9| 34.1| 54.1| 81.9|
|SEK million | | | | | |
+----------------------------+----------+----------+--------+--------+---------+
|Profit per share | -0.14| -2.05| -0.03| -0.50| 0.49|
|after tax, SEK | | | | | |
+----------------------------+----------+----------+--------+--------+---------+
|Net debt, SEK million | 162.1| 268.5| 162.1| 268.5| 208.5|
+----------------------------+----------+----------+--------+--------+---------+
|Equity per share, | 62.06| 65.56| 62.06| 65.56| 63.37|
|SEK | | | | | |
+----------------------------+----------+----------+--------+--------+---------+
|Equity/assets | 37.7| 36.1| 37.7| 36.1| 36.5|
|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 1,200 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 July 20, 2011 at 01:00 PM CET.
www.studsvik.com
Studsvik Interim Report Jan-June 2011:
http://hugin.info/131689/R/1532242/466550.pdf
Press release as PDF:
http://hugin.info/131689/R/1532242/466549.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
[HUG#1532242]