* High organic growth of 20 per cent. All segments contribute to the increase. * Structural measures in the US create the right conditions for a return to profitability in the Memphis-based operations. Restructuring costs of SEK 12.6 million charged to the operating profit. * Reported operating profit was -7.0 million (22.2). Excluding capital gains and restructuring costs, earnings rose to SEK 5.6 million (-1.1). * The associated company, UK Nuclear Waste Management (NWM), signed a multi-year contract for the operation of the United Kingdom's low-level radioactive waste depository. * A decision has been made to build a facility for treatment of metallic waste in the United Kingdom. The facility will become operational at the end of 2008. +-------------------------------------------------------------------+ | | January - | January - | Full year | | | March 2008 | March 2007 | 2007 | |-----------------------------+------------+------------+-----------| | Net sales, SEK million | 320.0 | 273.2 | 1,314.7 | | | | | | |-----------------------------+------------+------------+-----------| | Operating profit, SEK | -7.0 | 22.2 | 62.1 | | million | | | | | | | | | |-----------------------------+------------+------------+-----------| | Profit after tax, SEK | -7.0 | 22.2 | 47.2 | | million | | | | | | | | | |-----------------------------+------------+------------+-----------| | Profit per share after tax, | -0.99 | 2.70 | 5.65 | | SEK | | | | | | | | | |-----------------------------+------------+------------+-----------| | Equity per share, SEK | 65.17 | 71.60 | 69.58 | | | | | | |-----------------------------+------------+------------+-----------| | Equity-assets ratio, % | 42.3 | 42.1 | 42.5 | | | | | | +-------------------------------------------------------------------+ For further information please contact: Magnus Groth, President and CEO, cell phone +46 70 967 70 86 between 2:00 and 2:45 PM, CET. 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 7 countries and the company's shares are listed on the OMX Nordic Stock Exchange Stockholm AB, MidCap.
Studsvik Interim Report January-March 2008
| Source: Studsvik AB